Quote from: yohananaomi on Today at 04:50:22 AM

Quote from: Rasa nanas on December 10, 2023, 10:24:54 AM

I admit that this year or the end of this year Bitcoin often provides surprises, but I am sure that in 2024 Bitcoin will provide a much bigger surprise. Even though recently the price of bitcoin has risen drastically and the current price of bitcoin may be the highest this year, don't sell the bitcoin you have. Most people believe that 2024 is a bullish year, and this could come true and Bitcoin will actually reach a new ATH which is much higher than the previous ATh.

The ATH that will occur will, of course, be bigger than the previous time, but the time is still quite long because the new halving era will occur in Q2 2024, and it is estimated that the ATH will probably occur in 2025.It is true that Bitcoin has now experienced quite a sharp increase if you look at it from the beginning of the year and has even almost touched $45K when we enter December 2023; unfortunately, it has fallen again quite significantly and is now at $41K+.It is possible that before the end of the year there will be an increase and reach the highest price for 2023, before there will be a correction to prepare for entering the halving era.I agree with you that it is not the time to give up your bitcoin savings now, because you just need a little patience to reach a higher price.

While the cycle of bitcoin is now known by many more traders and investors, it is possible that it could change if the bitcoin ETF that people have been expecting to get approved gets in fact the green light, if this happened it would not surprise me if a new ATH was reached during the weeks after the announcement, and if this is the case then it could mean the current cycle and its arrival could be accelerated as many people decide to buy into bitcoin earlier than what we could have anticipated.