Post
Topic
Board Bitcoin Discussion
Re: 2024 will determined bitcoin fate
by
Viscore
on 05/08/2023, 20:54:36 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.
None of us can still hold guarantees if bitcoin’s fate will completely happen by 2024. Yes, bitcoin halving is coming but it’s effect is not felt immediately. Trading back history, the crypto prices will only gain its bullish effect several months after halving so if it will appear by the last quarter next year, then perhaps we will feel its effect by 2025. So just prepare for now, and always invest what you can only afford to lose, so that you won’t pressure yourself selling for profits when the market isn’t completely bullish yet.