It is not a question of "IF" buy When history repeats itself. From the history of previous ath, btc has always create new records hence the same will happen come 2024.
According to some information online, the accumulation of btc keeps increasing, even the number of non custodian wallet holding btc keeps raising, which means the btc supporters are strongly accumulating which can only result to one result - Mega ATH.
According to some information online, the accumulation of btc keeps increasing, even the number of non custodian wallet holding btc keeps raising, which means the btc supporters are strongly accumulating which can only result to one result - Mega ATH.
While history has shown us that Bitcoin makes a comeback after each halving period, it's certainly not a guarantee the same will happen by 2024. These times are different, because the world is struggling to recover from the negative effects of the COVID-19 pandemic and the Russo-Ukraine war. If the global economy hasn't recovered by 2024, don't expect Bitcoin to reach a new ATH anytime soon.
I'd be surprised if BTC still manages to reach a new ATH in the middle of the crisis. That would mean Bitcoin has finally become an independent form of money that moves on its own regardless of what happens in the mainstream world. 2023 is just getting started, so we can only hope things will get better in the long run. Just my opinion
