I won't agree with "we know Bitcoin won't be going anywhere soon". I don't know anything, just hope it will rise asap. As anyway it's price is not so much low for investments, but I still have something to hold there. It would be nice to see it at least on 40k this year
Bitcoin has made it this far (14 years), so I'm confident it will last a very long time. I don't think BTC will hit $40k this year, simply because there's not enough "momentum" to pump market prices all the way to the moon. The recent pump was shortlived as crypto is still feeling the pain of the Terra/LUNA implosion, the deteriorating global economy, and the FTX collapse. There's a lot of negativism surrounding the industry right now. It's going to take quite a long time before BTC or any other cryptocurrency for that matter reaches a new ATH in price. Don't count on Elon Musk pumping DOGE's price, especially when investors are getting tired of him. There needs to be something new and fresh that would help crypto gain traction once more. No one knows what the future holds, so we can only hope for the best. Just my opinion
