Overtime now it seem like bitcoin is lacking direction but from the look of things it has started gaining effectively price direction and this is going to going a long bullishly but am trying to ask why is moving now on the fact that dollar is rising extremely I thought that would affect the demand and supply of bitcoin... Is this the green opportunity for us to buy or is going to return back after a while let me hear from you because have started calling to ask if they should buy base on the current bitcoin progress if is going to last. Do you think the price will continue voraciously by the day?
I did not understand the meaning of voraciously here. but if you are asking why the price is still increasing or is it continuously gain value then i have two answers for you. Which are in the long ru you will see that the price of BTC is increasing voraciously. but in the short term you might seem some ups and down in the price of BTC.
I think in the short term before 2024 we might see BTC at around $40k but that's just my prediction nothing for sure here. So DYOR before investing in it. Because you should try to analyze the market for yourself but if you are newbie then its good that you asked here before after reading some useful answers you will begin to analyze the market on your own.
My POV are, Market is still cooking because of high inflation and high interest rates if the interest rates slow down then we might see another jump in the price, plus if some good news like from US or China came up then we might see slight ups in the price of BTC. (i think in flow i said China because China is already benefiting from the crypto sphere using there second system nation mechanism which is Hong Kong).