Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again. On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure.
What are your thoughts on this? What could be the rise of price by end of 2022?
But we have come to the end of the year. So far the price of Bitcoin has not increased but rather decreased.In such a situation no investor is able to invest properly. Different analysts are not able to accurately analyze which direction the market will go.However, many analysts have analyzed and said that the year 2024 will be the next halving of Bitcoin. But we investors must wait till 2024 and till then our bitcoins and all Should be held for long term.