Hi everyone.
We can all agree that the starting of this year 2023 has been extremely good for Bitcoin and a few other Cryptocurrencies unlike last year 2022 that Bitcoin had an epileptic run and was literally struggling, making lots of people think twice about still choosing Bitcoin as their choice of investment.
Yes, I must confess that the first quarters of this year really astonished me on what Bitcoin was able to do. I actually wasn't expecting the type of price level it maintained. I expected price to pick in the last quarters as that's what should be expected close to a halving year. Bitcoin started its great form in 2023 earlier than expected. As for the bearishness you witnessed in 2022, it was expected. Price always slump a year after every ATH. 2021 was the ATH which peaked at $68k+. It's the same bearish scenario I expect will play out in 2026.
I remember being in a Facebook group where people were debating if Bitcoin would ever recover or if that was in fact the end of the world biggest Cryptocurrency Bitcoin.
Avoid Facebook for your peace of mind if you're into Bitcoin or cryptos. The comments there are larger than life, whether on FOMO or on FUD.
I would like to think that what has been most outstanding about BTC is thale fact that it still remains more stable with only as little as loss during trading.
Still, the halving in the first quarter of 2024, is the most anticipated event ahead and am sure the impact would be of much benefit to those who have started DCA strategy of investment for quite a while overlooking the expected halving and bullish seasons after it.