Quote from: cryptomaniac_xxx on Today at 12:02:20 AM

Right, I think everyone is is managing their risk, specially at the end of the year. Last year though was very different, it was a full bear market and most likely the majority just keeps on a hard grind as it's hard to see the price going to the lowest $15k because of the FTX collapse. But this year, it's over, we have gotten over that news, sentiments are very bullish.

And that $40k mark is still going to be our biggest support. We've seen the price almost going to $45k, but then again, speculators taking profits as the price is on the sideway pattern at $40k-$42k. Perhaps I will say that we should look long term though, at least in the next 2 years as it will be very bullish for us.

Exactly previous year was not as much cheerful year for all Crypto investor but now the price is again escalating. In the year of 2022 the price of Bitcoin was drive down to 18k$ and all were concerned about such down price but as the year of 2023 begins the price slightly increases and at the price of 30k$ Bitcoin remains for longer time but after it we again saw a dump which reduced the price to 26k$ and all these changes were because of bad or good news.

As the price is now above 40k$ so everyone is in a fitter expectation that it will not go down more again to touch the value of 26k$ or 25k$ of worth. But the crypto market is inconsistent and we cannot say anything about future prediction but the better way to reduce our loss is to keep checking price chart and also we have not to be panic due to such unpredictable situations.