Post
Topic
Board Bitcoin Discussion
Re: Why has Bitcoin skyrocketed recently?
by
stadus
on 24/10/2023, 13:01:08 UTC
Why are all cryptocurrencies soaring these days? Does anyone know the inside story? Huh Huh Huh

That is the movement of bitcoin and the market. Do you want the market to always be bearish? The financial market has only two directions: up and down, so you don't need to be surprised when it starts to increase after many days of decline. This is also proof that just by actively accumulating bitcoin, bitcoin will bring you sweet results. I have been accumulating since last year so far and my portfolio has had pretty good returns but I won't be in a rush to sell it all anytime soon as I believe bitcoin will take me to the next level.

Well the market can go sideways for years on end.

so there are three directions

down
sideways
up

It doesn't matter, though. We are here for the long term, and the short-term movements aren't our primary concern. Grin

With the current state of the market, it seems like the bull run is just around the corner. They say that, according to trends, a bull run tends to occur before the halving. Could it be that this time it will appear earlier? Regardless, I think there's no need to panic if we don't intend to sell.