Quote from: peter0425 on Today at 08:03:10 AM

Quote from: Bravut on February 17, 2024, 12:01:03 PM

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 chart 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 of the world.
Inflation taking it lead.
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 Bitcoin at that price..?
Will the value of Bitcoin keep increasing after then?

buying at 500k will surely not in my line , I would rather use altcoins those days when it happened because that is not even coming to my whole assets.
500k is more than a lifetime funds for me in my country and can even bring my 3rd generation to live better.
and the question is why need to wait reaching this price when we can purchase now at super cheap prices?
the value of bitcoin will keep increasing but having 500k in its price is so far to reach.

1 bitcoin worth 500k USD or 1 million USD is not a barrier for anyone who wants to invest in bitcoin because no one forces you to buy full 1btc. Like you are now, are you buying full 1 btc per purchase, or are you also accumulating Satoshi every day?

Our goal of investing in bitcoin is profit, so as long as bitcoin still has profit potential, even if it is worth $10 million, we still have to buy it and wait to sell it at a higher price. When investing in bitcoin, we need to care about what price to buy and sell at to get the best profit. Don't make the excuse that bitcoin is too expensive and we can't invest in it.