What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
Indeed, currently there is a lot of speculation circulating on the internet, there are hundreds of people currently discussing the development of Bitcoin and the crypto market now and in the future, but whatever we have seen and learned back to ourselves to determine good steps in the future.
We are aware that several things that have happened in the crypto market every four years should be a lesson for crypto users about what happened and what to do, of course, but we always see those who fail and regret it after it happens, for that reason I think right now we are thinking about the best for ourselves in the direction of our respective successes, I hope that in the future there will be more people who are successful in the crypto world.
Yes, every 4 years we will see a bull run, next year is the catalyst though, it's the bitcoin halving and everyone was exciting to experienced it again and of course as I have said, we will see another bull run which means new all time high.
So for now, let's say that we are still in the bear market, technically the price should be lowered or be in a decline. And we really need to be mentally tough to be able to survived this bear market. And if by chance we did, then look no further as next year will be the start of a big rally.
Hopefully, next year halving is a catalyst to the next bull run possibly above the last all time high should be the target but however I am to understand that Crypto market can do better than its current state by rallying good price but in some cases might be below the last all time high. However, it's just a sure thing that bitcoin would do much better as a result of the halving by the corner. If you can, bag more bitcoin while the market still stands at this point.