Since the bull is gradually rising, I'd it will reduce the level of inflation controls and policies that will favour the bulls. It will encourage more buy by investors and big time entrepreneurs, surprisely this year bitcoin would have records more subscribers and price stabilities. Looking at many countries revolution of bitcoin like New Zealand, US, El Salvador, China, Africa and so on, if this countries can possibly readjust policies to favour bitcoin by mid year, it will experience excess rising.
But the question is; is it possible for bitcoin to reach $60k by this year? No serious bulls happening currently and if it continues in this little increase probably it will not get anywhere close to $60k. Share your views.
Almost every investor has been waiting for the moment of Bitcoin. Bitcoin will definitely be bullish when that time comes. The number of institutional investors is relatively more than ordinary investors, and on the other hand, various positive news of Bitcoin use is coming from different countries, as a result, Bitcoin will be stronger than before, which will definitely surpass the previous ath and a new ath will be created. Bitcoin is likely to hit $45k by the end of this year. Since it is currently priced at around $30k, if the price rises by 50 percent this year, I think the price of Bitcoin is likely to rise to $45,000 and it is not difficult.
The problem here is that a lot are waiting for that moment but they are not preparing for what's to come.
If they have the feeling that btc will go up or be bullish, then, what are they doing now to take advantage of the opportunity?
The status of this market is getting stronger as more and more companies are trying to get a hold of these coins.
Even if we can't reach the ATH this year, the likelihood of seeing the market price to go up is always there as adoption is increasing.
Worry if no one is joining or talking about the crypto market. But so far, more countries, more companies and more people are getting interested.
These are the things that we do really need because once we do have this then expect that value would increase too which it would really be that a normal phase or situation to happen. For now, we are really just that moving sideways for too long on which it cant really be denied that there would be those people who would be having that positive towards price on this year end but honestly speaking we shouldn't really be that expecting too much because we cant really be able to tell if there would be some sudden dump that would happen.
Taking up some opportunity whether you do buy or sell would be depending on your goals or targets since not all would be sharing up with the same perception towards their possible actions then
Whether you would be entering and buying on cheaper price for accumulation or DCA or would really be cutting loses. Selling points would vary because most of us would really be
that targeting with that upcoming bull run on next year or Q1 of 2025 which it is really that likely that BR would kick in into that particular point.