At this stage it is good for us and good for long term investors.
This phase is a comfortable time for many investors as the price of Bitcoin continues to rise Those who have been patiently investing in Bitcoin for a long period of time may be reaping the benefits as Bitcoin prices rise. This is just a small example of how Bitcoin can change people's lives. We may all know that in the month of September and October 2023, Bitcoin price was very low around $25k or $26k. If someone had bought 1 bitcoin at that price today it would have given him double (2x) profit.
It is comfortable for investors who have been holding a certain amount of Bitcoin for a long time, but not for investors who are just starting to invest in Bitcoin because they will face games played by big whales who have prepared strategies to play with the market.
At a certain point when patience is used as the main capital in long-term investments, that is where Bitcoin means being able to provide the best for the lives of many people.