Quote from: Rabata on October 06, 2023, 01:16:14 PM

BTC's current price target is positive but its movement is slow. It seems that the market will turn bullish anytime it gets a positive signal. But it has to wait for some more time to get that positive signal. If we get the expected ETF approval on 17th of this month, then there may be high bullish momentum but that is depend on the result. Moreover, we are almost at the end of this year and we can already see a bullish movement of BTC based on the upcoming halving. The chart you show makes a prediction though it is older but with current condition it is logical. The market is currently at around 27500 where we can see BTC move a little further to the upside. The market may rich between $29000 to $30000 in these days.

That is fine, taking it's time is the way to go and should be something that would benefit everyone for the long term. I believe that the best thing we could do at this point would be making sure that it's not going to end up with a result that should hurt everyone on the long term.

It is smart to take our time to grow because it allows us to make a bigger and better increase, if we rush an increase then it would not be smart since we would run out of money quickly and other people wouldn't have time to help us out, but when you are doing it slowly that means you will not run out of money quickly and since it takes time during the same period people would be able to make investments and catch up with you and take it even higher.