Post
Topic
Board Speculation
Re: What is going to happen with Bitcoin now?
by
aylabadia05
on 12/05/2024, 11:05:51 UTC
<snip> If you compare Bitcoin's current price of $63k with the price before the halving, I think the current conditions are still good.
Yeah, I still don't see anything too serious happening, although bitcoin has corrected in the past 1 month, the bitcoin price is still high and not too far from the ATH it created before. As a bitcoin investor, we all know that bitcoin is very volatile and compared to previous dumps, this correction is small, insignificant. But I don't understand why the OP thinks it's serious.
Only patience brings "success" in becoming a Bitcoin investor. Historical Bitcoin price data can be seen how Bitcoin has gone through it from the first time until now. Except we can't find out what Bitcoin's price history is every year.
The OP is not completely wrong. It could be that OP doesn't fully understand how the market, especially Bitcoin, performed both before and after the halving.