There is a rumour going on about an potential $500 billion investment into BTC by the Saudi governments, As we know today BTC just dropped below $40k. I am having a very strong feeling that this would be the perfect time to invest, What are your thoughts about this and price predictions for next week if the this "rumour" becomes a reality?
Investing in Bitcoin is always a good opportunity if done before Bitcoin hits its latest high. The Bitcoin halving is near and if the rumor is that Saudi will invest in Bitcoin in that amount of money, then Saudi is not too late.
In my opinion, this week and the next few days the crypto market is still in the red. If we cannot afford the large amounts of Bitcoin purchases made by large companies and governments like Saudi, then we must take advantage of the price correction opportunity to buy what we can.
Those who have large capital are not surprised to do something that is beyond our abilities. Those who have a lot of money are always in a position of greater advantage than those of us who do not have large capital capabilities.