When you check you will see that bitcoin price is rising day and night and what price do you think that will be maximum price of bitcoin this year and before we enters 2024,
That’s the question nobody can answer. Everyone is just making predictions, and nobody is sure about the price that bitcoin will go to within a particular time. So when you see anyone mention price, don’t have confidence that bitcoin will get to the price, it’s just a price prediction, and the prediction might be wrong. If you see anyone telling you they are confident that bitcoin will hit a particular price, don’t trust people like that, because nobody can say what the bitcoin price will be at a particular time.
and again what will you advice people to do as the price of bitcoin is increasing, will you advice people to buy now or will you tell people around your neighbourhood who is lovers of bitcoin to wait until the price is down before you buy bitcoin,
If you are planning to hold bitcoin for the long term, then you can still keep on accumulating, but if you are planning to hold for a short time, which I don’t always advise, then it will be better to have some patience for now. Let’s wait and see bitcoin's next price movement. But if you are planning to hold for the long term, you can just divide your money and keep on buying gradually, you can just allocate some percentage of the amount you will be buying, the more it drops, the more you will keep on accumulating, and in case it starts moving upward, at least you are also holding some bitcoin.