Post
Topic
Board Speculation
Topic OP
More than $500k Bitcoin
by
Bravut
on 17/02/2024, 12:01:03 UTC
Bitcoin to rally more than $500k says some crypto analyst.
Bitcoin has pass $50k but for me,we need a close watch.We are expecting halving in April, looking at the daily we see Bitcoin moving to $67k but I expect to see  retracement to $40k before any move so as to gather enough momentum.
Bitcoin has more buying pressure on it now than ever because of;
       ETF approval which open room for more investors to invest and minimize there risk thereby holding more coins .
       Election would also have impact  on it move, because of general election coming up in over 50 countries.
Inflation taking it leads.
Tension in economy of countries,etc.
But holding till September 2025 would be worth it since the bull run will last till then.
My question is who buys it then at that price..?