Since the bull is gradually rising, I'd it will reduce the level of inflation controls and policies that will favour the bulls. It will encourage more buy by investors and big time entrepreneurs, surprisely this year bitcoin would have records more subscribers and price stabilities. Looking at many countries revolution of bitcoin like New Zealand, US, El Salvador, China, Africa and so on, if this countries can possibly readjust policies to favour bitcoin by mid year, it will experience excess rising.
But the question is; is it possible for bitcoin to reach $60k by this year? No serious bulls happening currently and if it continues in this little increase probably it will not get anywhere close to $60k. Share your views.
There is a lot of confusion and predictions scattered in the market about whether the price of bitcoin will touch ATH or create a new ATH this year, but you need to know that in bitcoin there is a 4-year cycle called halving and usually (learn from previous bitcoin price history) a few months before the halving occurred, the price of bitcoin had increased greatly, it is estimated that the next bitcoin halving will be next year, so it is very likely that bitcoin will create new ATH again before this year ends.
so if asked when is the best time to buy bitcoin, of course the answer is now because bitcoin is below its previous ATH price.