Post
Topic
Board Bitcoin Discussion
Re: 2024 will determined bitcoin fate
by
Essential10
on 28/07/2023, 17:29:28 UTC
Many expectations of bitcoin this year failed, but I notice that bitcoin always breakout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase. Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits and if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.
No one can say out loud what shape Bitcoin's future will take. Analyzing the various surveys of the past year, what it will be like in 2024 can only be guessed but it is needless to say how accurate it will be. I would like to say something from my own opinion since Bitcoin halving is done every four years according to which Bitcoin halving is supposed to start in April 2024. In previous years, the price of Bitcoin decreased before the halving and the price of Bitcoin increased between the halvings. In that case, a Bitcoin price increase in 2024 is more likely, but I am not asserting that it will happen.