Quote from: HONDACD125 on January 22, 2024, 02:10:06 PM

The volatility that Bitcoin was famous for, I think that volatility is no longer seen as such, but rather a boring condition in the market. There is no doubt that its price will rise again, as the next halving is near, but now I don't think we will see such huge pumps like we used to see before ETF approval. There is no denying that the price of Bitcoin does not always stay at one place, but the speed at which the price of Bitcoin was increasing is now slowing down.

Although everyone thought that a huge pump would be seen in Bitcoin after the ETF approval, but even after the approval, nothing like that was seen. However, it can be hoped that its price may increase slowly, but now institutional investors who have invested in it, now it is not difficult for them to dump or pump Bitcoin from anywhere. I think the approval of ETF is not good for the value of Bitcoin.

I think it will keep growing, think of bitcoin as like a bow and arrow, you have to draw it first a little behind, before you can let it go, if you show someone the starting point of the arrow and then you draw it, they will think that arrow will go back, but we all know that it can go back only so much, there is a limit to that, but then it will go multiple times further ahead.

This is where we are right now, people saw coming from 48k to 40k so they think that it will go down, but we know that it can go down only for a bit, it can't go down too much, not specially during the halving era, so it will go up a lot more given enough time, and we should be focusing on that part a bit more, it will make it a lot more profitable to be patient.