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.
This is just a tip of an iceberg and we should expect more coming sooner from the bitcoin market as we are planning on getting out of the dip market before the end of this year, and what the next year rate may get to is what remains unpredictable and we cannot say precisely the rate it will to high but will definitely surge, we don't know as well how long it may take to reach the #40m worth of market price but as being mentioned already that one should keep holding even though not all of us eventually will end up holding for this long.