Quote from: GreatArkansas on September 21, 2023, 02:02:57 AM

Quote from: elevates on September 20, 2023, 02:16:54 PM

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I know that there are multiple reasons for Bitcoin reaching a new ATH. I do understand that cannot be based on the law of averages. What do you guys think, Is the law of average work here or I am just speculating it?
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For me, even if we say yes, it's still not guaranteed especially since we can't identify or difficult to predict when it will happen, when we will experience that all-time high again.
There are a lot of things to consider now and basis, like volume we have now versus before, there are a lot of players right now versus before. There are a lot of people who have already been introduced to Bitcoin versus before.
So all-time high could be here very soon or maybe more time in the future, we don't know now.

Very well said unto this. Because first, anything can happen in the market. Yes from where is the price right now which is the starting point, and then the ATH which is the other end of the point. The uncertainty is in the middle which is how can we get there. Is there any deep retracement first before going higher? Is it going higher directly? We don't know exactly. That's the law of uncertainty in trading.

The good news is, as long as you have faith with your initial investment and the projects you are supporting then all the wait and that uncertainty will be worth it.