Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time. There is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.
What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
The eyes of the investors are raised once again after seeing the current position of the market. Because the market position is not very good at present as we have seen Bitcoin price rise a lot a few days back due to which we have a kind of peace in our mind. But a few days ago we saw the market was $30k dollars but later this month the price of Bitcoin came down to full bear market. Although right now we can see Bitcoin price touching $24k there is definitely enough time for us to buy. If we hold on to this market for a long period of time, we will definitely have a lot of profit potential later on. However, the Bitcoin market will not stay in this position forever, it is always on the ups and downs, we know that and we have to accept it. As various experts have researched Bitcoin price is likely to move to a better position soon. We think the bull market will return to Bitcoin right after the Bitcoin halving in the next year. I think the price of Bitcoin will rise again in a few days and it is likely to go into the new year in a good position.