Post
Topic
Board Speculation
Re: What is going to happen with Bitcoin now?
by
Strongkored
on 08/05/2024, 08:44:22 UTC
I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot. As far as I know that after every halving the price of bitcoin increases exponentially and it increases about 3 to 4 times, but this time I saw that the price of bitcoin has decreased a lot after halving, but I have seen in several places that they say the price of bitcoin is halving. After that it will decrease a bit and then it will increase rapidly. As such, after checking the market today, I saw that After the fall in the price of Bitcoin, the price is slowly increasing again. Bitcoin price was below 57K three days ago and today Bitcoin price is $63,585.10. Does that mean we will see a Bitcoin bull market now? Or will it decrease again? What is your view on Bitcoin?
Actually, what is more important in my opinion is how to prepare yourself to see the price of Bitcoin rise higher by continuing to accumulate it now, because I am quite sure that in the next few months, the price will start to rise and will even form a new ATH several times.
Many people are afraid to buy because the price of Bitcoin goes up because they think the price will soon go down. Likewise, when it goes down, they are afraid to buy because they think the price will continue to fall, so they lose the opportunity and just become spectators without being able to get any benefits because when Bitcoin goes up, they don't have even a very small amount of Bitcoin.