Quote from: yudi09 on December 30, 2022, 02:23:13 PM

Yes. Bitcoin has both at the moment in the crypto space. Sometimes it's hard to explain to those who only judge Bitcoin in terms of price. The difficulties experienced today when compared to Bitcoin's past journey are really nothing.

In a very different relationship between the present and the past, Bitcoin was not considered the best asset to invest in the past, while now it has proven to be the best asset capable of keeping investment value. What Elon Musk has said about the rise in the price of bitcoin is not entirely right or wrong. Because the closest relationship to the increase in the price of bitcoin is due to a stable supply and demand process in the market, although there are several other things that affect it.

Quote

Bitcoin's development in terms of price will happen in a matter of time. It could be another year or two. We can imagine what the price conditions will be in 2019 and 2020, while it is unexpected how in 2021.

My assumption is that this year there will be a price recovery that will occur in bitcoin, if it follows the cycle as you said before, but it cannot be clearly predicted in what month it will occur, because my calculations in 2024 bitcoin will reach the next ATH, that means 2023 is likely to see a gradual recovery of bitcoin.