Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.
What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
The bear market doesn't seem to be ending anytime soon. Bitcoin price is currently at a position from which no one can make any predictions. However, various experts have analyzed that the Bitcoin market will move towards bulls in 2024. But everyone can invest as they wish in this bear market. You may not get such an opportunity later. So if you can buy bitcoins from this dumping market and hold for long term, you can definitely achieve good things in 2024. So no one should miss this time.
The price of bitcoin is indeed unique and always difficult to predict, just like at the end of 2021 when the price rose and reached $ 69k I was also sure that it would not drop again, but in fact the price dropped almost 70%, of course because there were many cases of scam and bankrupt exchanges which harmed investors so $3 billion, but the panic was short lived and there is no doubt this year the price will skyrocket again.