Quote from: kamvreto on May 23, 2024, 11:18:25 PM

Quote from: Ben Barubal on May 22, 2024, 02:04:01 AM

Quote from: peter0425 on March 11, 2024, 09:36:53 AM

are we going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/ the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

What is happening now is like when Bitcoin was at 49k, it suddenly had a rally in the market and was forced to break the previous ATH, and when the previous one was broken and there was a new ATH, then there started to be a correction for more than two months.

And now it is having a rally again; they probably also have a target price, and once they beat it, I am pretty sure they will take profit, and then there will be another correction or retracement that will happen, and they will buy in the dip again.

then there is no reason to hold off buying back at a price crash and when bitcoin is at $49k it is actually a very good price to start buying and holding. but many people started not to believe in bitcoin when the price moved erratically and tended to fall but when the bullrun arrived it reached a new ATH above $70k, that was a very high price and even lasted quite a long time. If there is an opportunity to buy at a cheap price then don't waste it and make a repeat purchase.

When a correction occurs, I agree with you that you don't lose the opportunity to immediately buy again, because with a corrected price, of course, the price you get will be cheaper, so you can make even better profits in time.
We know that the second ATH will be formed in 2025 and that is still quite a long time and there could always be surprising events that we cannot predict, so stay prepared for whatever will happen.
I think that after the halving there will be a decline, and it is all natural to encourage Bitcoin to increase again.