Post
Topic
Board Bitcoin Discussion
Topic OP
Price action determinant of investment?
by
Lord b
on 18/01/2024, 10:36:46 UTC
Most investors don't have the emotional toughness to appreciate dips especially when they invested at a relatively higher price and so they rely heavily on price action to choose a suitable point to invest

With the recent bitcoin etf there have been many speculations and projections on the price of bitcoin,according to some estimates bitcoin etf will have a direct effect on price action since it will build retailers trust and push investment and price of bitcoin upwards of even $100 k https://www.cnbc.com/2024/01/12/crypto-bulls-see-bitcoin-flying-to-100000-with-etf-approval.html#:~:text=Chesnot%20%7C%20Getty%20Images-,Cryptocurrency%20bulls%20say%20bitcoin%20could%20surge%20to%20more%20than%20%24100%2C000,spot%20bitcoin%20exchange%2Dtraded%20fund.

This a turning point or just another step in the great journey of bitcoin investment and exploration