Post
Topic
Board Nigeria (Naija)
Re: Bitcoin price speculation (BTC/NGN)
by
DaNNy001
on 14/07/2023, 15:35:56 UTC
Quote from: Charles-Tim
Bitcoin price increased from ₦24,275,000 to ₦25,751,000 yesterday and reached above the year-to-date high. This happened after a United States Federal District Judge ruled that XRP is not a security. The United States SEC lawsuit against Ripple Labs has been since 2020. As yesterday favoured Ripple Lab, people buy cryptocurrencies and they increased in price.
The new moved of BTC really renew some holder mind not to sell their BTC than to buy more and, continue holding till d price hit #40,000,000 before dey can sell. But d price of BTC was #24,275,000 over some days before d price increase to #25,751,000, i don't think it bcos of d united state SEC lawsuit against Ripple lab that made d price to increase higher yesterday.
Well from my studies here, I fit talk say this sudden push up of BTC price is actually normally looking at how close we are to the halving and if you dey follow up correctly you go know say the halving always follows the bull season or the other way round. So if anybody wey get small coins for their portfolio fit say them wan sell na dem sabi cuz na actually him money but if you have vision of what's coming you actually hodl well and forget this small price shoot because the major bomb dey come wey go make you smile well.