Quote from: Dr.Bitcoin_Strange on September 24, 2023, 09:26:16 PM

Quote from: bots1 on September 23, 2023, 06:22:09 AM

Quote from: woez on September 22, 2023, 02:40:50 AM

I was impressed by your statement above "keep buying BTC and revalue your position in 3-5 years from now" and yes. I think the DCA investment model should continue. Well, I want to know. Can Bitcoin get back $34,000 by the end of September 2023?

I think it is very difficult to see the price of bitcoin reaching $34,000 in the remainder of this month and even in the next month it is not certain that the price of bitcoin will reach above $30,000 if you look at current market conditions which seem likely to continue to experience a decline in prices. In conditions like today, it is better to set your goals, make a solid plan, maintain discipline, and utilize DCA as a way to gain interesting and dynamic exposure in a more controlled and insightful way. Stick to your plan, regardless of market conditions. Don't be tempted to skip investments or change your amounts if the market is unfavorable. The point is to remove emotion from investing.

Already, we know that the Bitcoin price is very dynamic, and it is not easy to accurately predict the price of Bitcoin in a week or month time because there are some factors that contribute to price spikes, and you can't really tell what will happen next month. About a week ago, Bitcoin went from $25k+ to $27k just in an interval of hours. That's to say that the volatility of Bitcoin can be very strong at times depending on what's causing the price to rise, and it's not very difficult for Bitcoin to go from $25k to $30k.

...and sometimes I also think there seems to be something strange if I see a spike in Bitcoin prices in a short time born without notice and unexpectedly and that often happens if I pay attention some time ago to what the main driver is. Can someone explain briefly and clearly even though we know that volatility is a common thing in the market and that is also a moment that can be exploited in the process of purchasing the DCA model by many BTC buyers.