Post
Topic
Board Speculation
Re: Is this the end of excitement
by
khiholangkang
on 23/01/2024, 14:15:40 UTC
Including me who still believes that bitcoin will still continue before halving, although indeed after the SEC's decision a few days experienced an increase and then until today we experienced a fairly deep correction, and also greyscale who did the seller's action continuously which gave the impetus to the price that was getting down lately.

But even so this is not the end, don't let you sell your bitcoin to institutional companies because the market turmoil is very volatile, but if we want to benefit from investing in bitcoin then we need to be patient and wait, it may take time but it will work.
Whatever market influence occurs in the current decline in market prices, never disturb your concentration on holding assets until the ATH target in the future, I think the market is still in normal condition after every significant increase occurs and we just have to wait and see the market will recover soon after the movement the market is normal.

Based on the analysis, high recovery will occur before the halving because there are many supporting factors that allow market increases to occur before the halving and ensure that ETF approval support will not change because it will affect market conditions during the halving period.
Yes I believe that the reversal will happen before the halving, but just today BTC has decreased and hit support at $39k, and now is at the $38k level, it may have the potential to plunge even deeper.

It seems that with the market red, waiting for the halving feels very long, I myself am quite mentally affected because this decline is enough to make me sad, even so we must continue to believe and maybe we better increase the supply of bitcoin that is owned before the halving, it is the best decision because there will be few people who buy when the market is red like now. Bitcoin ETFs make everyone happy, but today they may look sad especially those who are new to investing in bitcoin.