I guess me complaining about the price hovering around 60000€ was a bit early...
I have cash on hand, that I don't consider spare cash but depending on the situation I could see using some of it to buy corn. Not talking about DCA but rather buying something like a whole coin. However for that the price is too high. Last time I bought around 50000$ a third of a coin or something like that, then it dropped dropped dropped and in the end I bought a whole coin for an average of 35000$. Then the price was under that for months. I don't want to do that again.
It is way to bearish in this thread now. It's summer - this usally is the most boring time in the bitcoin world. Hodl on to what you have, stack more. Summer is over sooner than we think.
Just trying to be realistic.
The crazy expectations I just think need to be dampened.
It is all very well saying that we are going to $500.000 by end of next year or a million but so far even with the ETF approvals and thus far easier on and off ramps
available and a huge jump in price since last year, we barely went over the last ATH and struggled to stay even there.
I suspect the 100K psychological barrier is a far bigger road block than almost anyone is predicting.
Not to mention multiples of it covering the next 10 years or so.
That BTC is going to go up is a given. That it should endlessly follow a pattern, I just don't believe.
Everyone that tries to make a predictive pattern gets proven wrong eventually it seems to me.
Sure. I dont think things will explode anytime soon either. But I dont think we should be so bearish to think 90K will be the best we can do in the coming 12 months.