Post
Topic
Board Speculation
Re: What is going to happen with Bitcoin now?
by
bangjoe
on 12/05/2024, 12:58:56 UTC
<snip>
Maybe if we look at the weekly or monthly time frame we can see a bigger out look in seeing the price movement of bitcoin, for sure we have passed the highest ATH limit in 2021, and now we are forming support to continue the increase after the formation of a new ATH, this could potentially go up before 2025, or we will finish it in 2025.
We who choose to become a holder of many benefits from various circumstances and long -term investors will not face a panic situation when they see market conditions even though they can only speculate on weekly and monthly prices.
When people are in market conditions that are considered to have decreased after Halving, they forgot that before Halving occurred several times Bitcoin had passed the previous ATH.
Yes. The current position of the market is looking for new support to reach strong bullish. May occur in 2025.

Patience is the key to investing, but continue DCA or collecting bitcoins slowly on every dip.
Yes. DCA has always been the recommended method for collecting Bitcoin consistently.
Yes, usually people who say that why is bitcoin different this time, after halving there is even a decline, basically every cycle does not run the same, or move the same as the previous time, but bitcoin repeats a new ATH every cycle even though it is not on the same day, month or hour as the previous year, many people are mistaken with the sentence so they don't understand how to respond to the reality of the bitcoin cycle.

yes we have experienced a much better increase starting from the beginning of this know, if we are people who save from the beginning of 2022, corrections like this are not a big problem and of course we will not feel panic with market movements that are quite volatile, it's just that some people don't understand the characteristics of the bitcoin market that make the impression on bitcoin bad.