As we were discussing this, Bitcoin once again started going down. Right now the price is at 26.6k on CMC and we cant say with certainty that where price will go from this. 25k support may be tested once again.
People give too many predictions at times and if anyone of those went true they say "I told you so". The fact is we have seen so many predictions about Bitcoin and majority were false.
In current scenario it is easy to predict that price may restrict in 25 to 30k range because thats how bitcoin is behaving for last few months. But there is no way we can predict the long term price of Bitcoin.
I am not worried about the price. Because the war created fear in everyone's mind, but it did not have any effect in reality. Because many people use bitcoin to send money to the war area here too we find the use of Bitcoin. But we will not always take it negatively because for those of us who have been waiting to buy, an opportunity has come again. Although I think this situation may return to normal in a few days, but during this period those who exploit and buy bitcoin from the dip will be comparatively more profitable than others. Since we are committed to investing in Bitcoin for a long time, we are not worried about temporary price fluctuations.
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There is nothing to worry about price of Bitcoin. We have seen that ups and downs are part of Bitcoin price since its a stable coin. Bitcoin has come down to current price of 26.8k$ after touching 28k$ few days back. If you see price pattern of Bitcoin for last 6 months then its confined in the range of 24k$ to 30k$. Buying Bitcoin is more profitable when its down and one may take this as buying opportunity. There are many predictions about price of Bitcoin, do only what you think is best for your money. In the end its you who have to bear the loss or enjoy profit. Dont rush in buying Bitcoin just do it slowly i.e. in DCA manner.