Bitcoin has gained so much popularity and recognition in the past few years that it rose from nominal prices to almost $69000 in 2020. It however gained hundreds of billions of dollars in capitalization over the years. The situation has changed with both appraisals/approvals and backlashes on the cryptos by some countries, especially government officials.
Inflation is another problem, and they have successfully caused Bitcoin to remain at lower levels compared to its all-time peak of almost $69000. Its market capitalization today is a little above $454 billion, which is still a good value. However, in events that more backlashes and higher inflation negatively affect the crypto some more and finds itself at about $1000. What would be your reaction? Will you turn your back on Bitcoin or has your investment just begun on it?
As for me, my investment has just begun. I have learnt from my past mistake.
I think Bitcoin (BTC) never touch again $1000 dollars because in past it really pumped and touch $69000 dollar So bitcoin has potential to go up in the future. In my experiences BTC touch again $69000 In 2025 to 2027 and also there is the to invest your money at Bear Market.
If eventually Bitcoin falls to $1000 then I will see that as a big opportunity for me to buy more positions because this will be an opportunity than a regrettable season we are. The market is always in different faces so we should always prepared for even downward season when it will look like nothing good is going to come out of the market.
We should always see an opportunity in what we do and what the market present to us. When price is down, we should always have that feeling to buy more because no one knows when the market is going to go bullish.