Quote from: Zaguru12 on September 21, 2024, 11:06:07 PM

Quote from: BITCOIN4X on September 21, 2024, 07:03:16 PM

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One thing about bitcoin is the fact that it is mostly driven by the market sentiment of it and that’s why it’s price action goes in direction of this market, when the first news of the economy facing an incoming recession crisis the market sharply dump to a low. The market again changed its sentiment when the government announced a 0.5% cut of rates, this time around a small pump has happened and many are willing to get carried away with it with others even banging it’s bull market time for this.

Many investors are actually waiting for this Q4 of the year has it always been the best time for bitcoin market. I don’t expect to see a huge Change this year with the full bull run coming next year where I expect us to set a new all time high. So I am bullish on the bull run coming in full blown next year

We may always say that some investors are waiting and waiting for the best time to buy a lot, but the fact is that some big investors have already bought and accumulated it. There are always investors who buy and accumulate every day, while we do not know how much bitcoin they have accumulated. Whoever they are can certainly wait, but they will definitely miss the train if they wait too long.

If they are experienced investors and are people who are optimistic about the future of bitcoin, then they will never wait long to accumulate bitcoin. Whenever they have a budget, they will accumulate it and it will continue to be done until they feel enough with the accumulated bitcoin.