Post
Topic
Board Bitcoin Discussion
Re: Bitcoin have behaved like a fine wine 🍷
by
Nwada001
on 31/12/2023, 16:09:14 UTC
Indeed, bitcoin has shown its potential over the past years, starting when I met it at a high price compared to what it was when others entered the market. The price was earlier even below $1, and it took a gradual process to get to where it is right now, which is an amazing movement.
 
Bitcoin did not come this far on its own; the growth result has been a replica of how many people believe in it, and it has continued to grow, and it will still see more even with all the internal and external challenges that the currency does face from time to time, which sometimes leads to price drops and, after a while, a price correction.
 
$42 is among the highest prices it has reached, not its ATH. I believe after the halving we might see a new ATH, but that' won't happen immediately; it might take some time, and we might even see some drop in price before the initial price pushes up. We just have to hold what we can and see how it goes. Not having too much expectation will reduce the disappointment many might get as a result of them not seeing the price they believe it will reach at a certain time.