In my opinion, one crucial component of Bitcoin's request dynamics is the current fluctuations in its value. Despite the ill-intentionedness of the question, I remain secure in my financial strategy. I plan to hold onto my Bitcoin until 2025, having purchased it at a significantly reduced price, as I anticipate a bull demand following the halving. While some could aim for a $50,000 entry point, I think patience is necessary, especially considering the likely price fluctuations after the halving. Unexpectedly, given the options that were accessible in the past, several community members are experiencing difficulty purchasing Bitcoin. I've already invested in Bitcoin and am considering my options for other cryptocurrencies.
But if you think that bitcoin will have a correction before it continues its journey to make an even higher ATH in 2025, why don't you take profits now if you have invested since 2023 and buy back when the bitcoin price has a big correction after this halving. People who have faith that every cycle repeats itself will do so and use the money back in Q3 this year and Q1 next year to make their bitcoin holdings much larger.
As for the surging demand you are thinking about, maybe the premise will be the same as gold after the ETF is approved, the question is whether bitcoin will experience the same thing and make the bullish momentum much longer than the previous bitcoin cycle?