The Bitcoin bullish megaphone is playing out again! As the Price is rapidly closing in on $60,000. Already you can see the FOMO finding it's way back into the market. In my opinion, Bitcoin is still playing out similarly to the 2017 cycle. Only this time, dips are shallower, and the rise is steeper. The intricate dance of the market, echoing patterns of the past while paving the way towards new heights. I dont know what to call this except fascinating times indeed.
How high do you think it can go?
Well as the recorded early today its 72k is the highest price meaning this thread should be locked as it is already served its purpose mate because 60k has long passed.
and no this is never the same as 2017 because this Before halving? the price of bitcoin broke the ATH and this is the very first time that we have seen this scenario so there will never be like this year mate.
Now it has fallen back to $62K and this is a very sharp decline from $73K to $62K, but if you look at the thread that was created, it is no longer appropriate and should be immediately locked by the Mod or creator.
As for the increase before the halving period, I don't really know whether it's really like what you said, but it is indeed different from the existing thread.
It would be better to just lock it so that it can match the original situation at this time.
Yes, it did fall back to $60k so I guess this thread is going to be relevant although we have seen the price going as high as $73k. But with this kind of volatility, really hard to see where the price is. So if we look at it on the positive side, then it's good to start buying again. Specially for those who have big budget, this is a great opportunity to score some
BTC. Nevertheless for small investors like us, still good though, it might not be as big as we wanted to buy, but we can also take advantage of it. And don't be dishearten seeing the price going down again, just another correction.
Halving is just around the corner, so no worries for this dip but just another test to all of us and again, just take advantage of it and we will be fine.Bitcoin broke its ATH before the halving and is still likely to go higher before the halving. That means bitcoin no longer needs a catalyst like halving, so there is no guarantee that after halving bitcoin will continue to increase or that the market will increase more crazily. History is changing and we should stop relying on it completely to predict bitcoin's movements.
If we want to invest in bitcoin now, we should look long term, we should look further into the future. Don't just focus on halving because it can completely disappoint us.