Quote from: xSkylarx on November 29, 2022, 08:13:27 AM

History will repeat itself for sure, but we don't know when. I am sure it will happen in a few years. Bitcoin will again break its multiple ATHs in the near future since this is always happening in bitcoin and it is confirmed when we see the chart, it is almost identical. That is why most experienced traders and long-time holders keep saying that now is the best time to buy and hold bitcoin. Let's see what will happen after the halving of the price that bitcoin could reach at that time.

The halving is the only hope we have to see BTC reach a new ATH in price. But that would be subject to global economic conditions. If the global economy worsens by 2024, don't expect Bitcoin to go higher in price anytime soon. We're going to have to wait and see for how long central banks will keep raising interest rates. I'm pretty sure they won't be increasing rates forever since that would cause severe pain to the economy. Once they stop increasing rates (especially The FED), then it's likely the crypto market will turn bullish.

I'd suggest anyone to buy more Bitcoin when the market is in a downslide, to accumulate as much profits as possible when everything goes back up again. This is a once-in-a-lifetime opportunity to become filthy rich. As long as you don't put all of your life savings into Bitcoin, you'll have nothing to worry about. Just my opinion