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Quote from: Ascended_Intellect on June 07, 2024, 09:28:20 PM

Could 72K USD be the peak for this bull run?

No one knows for sure and accurately what the highest point will be for the price of Bitcoin this year. In terms of speculation, perhaps we will find various speculations that can be seen from Bitcoin expert observers, overall I think the current price of Bitcoin will not increase again, perhaps ending at $72k or $75k.

Outside if we look at the predictions and speculation for the price of Bitcoin, it's scary, some say $150k to $500k for this year, so I will give up speculating on the price of Bitcoin this year, I will surrender to what I see and I will enjoy it all whatever the highest price is.

Anyone can speculate on this market, but the difference is how each user is acting on such speculation. The price may reach as high as 72k, but how many do you think are already accumulating some satoshis to prepare for the potential rise?

And it also show the difference between smart investors and those who fomo, I mean for those smart, they don't complain when the price goes down or decline. They simply accumulate as many as they can. It doesn't mean that it's just for whales though, even the average joe in us, could also do it, like following DCA.

We also know that $72k is not the peak of it, we have seen throughout the years on how the market move in post-halving. And it takes weeks before we can actually see some movement. So just be patience and for sure the last quarter will be a big surprised to us.

Neither smart or already have the experience when it comes to market conditions on which we know that this is something that will really be that indeed vary on a certain individual on which there would really be those been aware on how this market behaves and works and to those people who do become that impulsive at the moment that they would be able to encounter such decline or even on a pumping market on which they are really that becoming impulsive on which it would really be that resulting missing out opportunities or simply making up shit decisions which resulting to loses.