Quote from: philipma1957 on February 25, 2024, 02:54:11 PM

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?

okay I know what I will do if it reaches 500k by 2025.

Sell
sell
sell

You need to think about why bitcoin might be worth so much. Maybe it won't be about bitcoin, but about the huge inflation of the dollar. Then it will be safer to keep your money in cryptocurrency. Many people easily sold bitcoin for $1k and later regretted doing so.