Nobody bitcoin price prediction has work this season,
How do you know do you have a list of predictions, there are no exact predictions and predictions varied for every investor and traders.
I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?
It's too early to tell about the price we are just halfway through the year, and so many things are going to happen all I know is I'm very positive about the outlook this year, 2022 is a very hard year for us and 2023 a year before the halving is a good time to accumulate, the next halving will probably very different now because we have massive adoption and we will have a deduction of the output, the demand will be greater than the supply.
I strongly agree with you. Many people who are fidgeting are those who think Bitcoin price will just continue flying without building up orders. As a norm, everyone will not keeping their holding before the anticipated bull run; some must panic and sell and regret afterward. The only way the market ensures this happens is the extended consolidation with sudden short-term drops that is happening.
Those who are conversant with the vibration of the market will use this opportunity to buy instead of sell. In less that 12 months, Bitcoin halving will happen, PayPal just launched their stablecoin, Binance is launching Bitcoin mining infrastructure, Bitcoin ETFs are around the corner... many great news ahead.
In my opinion, every believer of Bitcoin should consider taking a comfortable position in preparation for the years ahead.