Post
Topic
Board Speculation
Re: My instincts on the value of bitcoin from now to halving
by
$weetne$$
on 29/03/2024, 19:48:29 UTC
I don't mean to predict the market cap price but my conscience whispers to me that the current rise up again or bitcoin would be the last rise before halving.
As at the time of making this thread,  the price was $70K + which we're aware that it formally broke its ATH even when itsy not yet at the bull run before it depreciated again but my instincts is whispering me that this current up rise again would be the last rise before halving.

Do you have some psychological intake or some personal opinion in related to my emotion?

The market can move in any direction but all I can say is we shouldn't be investing in Bitcoin based on just our opinion without backing the opinion with facts. We shouldn't invest because our instincts is whispering to us that the market will move in this direction because that might not happen and if we had invested because we thought it was going to happen, we'll lose and we aren't investing to lose therefore we should always make our analysis based on the technical and fundamental analysis and not our instincts. If we don't know how to analyze the market, we can hold Bitcoin and not think about when the market is rising or falling because if we keep thinking about them, the market can deceive us and we'll make mistakes to sell when the market is about to rise.