Post
Topic
Board Speculation
Re: Is this the end of excitement
by
Dimitri94
on 18/01/2024, 16:41:13 UTC
I have been buying small amounts of bitcoin for over 10 years. While I was always knew bitcoin would grow I did hope that some events might make it jump up in price say 3 to 5 times. Events like etf approval, a harvening etc. I still remember those charts that had predicted supersonic prices by now. But now read that both the etf and harvening aew now priced in and yet the price is not even an earlier all time high.

Does that mean the excitement days are over. Has bitcoin become boring in terms of big price fluctuations☹️

Since you have been collecting bitcoins here for almost a decade, you must have developed a certain confidence in your bitcoins. Otherwise you would never have done it. But your beliefs and the  others will not be the same. Traders have talked a lot about ETFs and speculated a lot but when the ETFs were approved, the momentum of the market came to an end. The roar of the market is gone. This does not mean that the Bitcoin rumble is over but rather we can think that Bitcoin is storing more energy than ever and will give more force to the upcoming bullish movement.