Are you seeing the news recently since 4 days or a week ago or even more. It has been very positive. Some analysts are saying bear market is over for now, some said that bitcoin can increase to $80000. I am reading more of the news recently.
Today I read another one where someone said the bear sentiment has significantly reduced as more people are expecting bull run instead. People are also expecting a breakout time. Very possible the price will increase or this they are just news with positive sentiment for bitcoin price?
Well in times like this we should expect a whole lot of noise and it's normal when the market as stayed too long at the indecision phase a while, it breeds a whole lot of sentiments some which can be considered as true and the other false but doing your own research that will influence your own decisions always remains the best because for every informed decision you take you remain responsible to it and not having to throw blames all around but when your decisions are influenced, you literally have the blame game.
Bitcoin generally is expected to be priming for a bull but somehow it appears it's yet to achieve that and needs more time tho this my not be completely true but you can do your own research, going by the normal circle, after the halving it's supposed to be on the bull of which when it will come I don't know but I believe $80k will be broken soon.
We can all speculate as to how this market will behave in the next coming months but how we act will determine if we can take advantage of this market or not. Because if we won't do anything and just observe, when this supposedly higher price comes, we won't be gaining profits because we didn't buy our satoshis.
So how we gain profits from this market depends on how we attack and accumulate our coins. Because if you will just observe, nothing will happen when bull run comes your way.
We are dealing with speculative market so it will really be that normal that you will really be making those different speculative approach on which it will really be that something common.
Expect the unexpected on which this market is always been that volatile and unpredictable. There's no way that you could really be able to guess on where it would really be that going.
On the moment or time that it will really be that messing up someones analysis then there's nothing we can do but to make out such kind of formulating on different methods or strategies that we
could really be able to deal up with. We do know that things could changed up on the least we do expect and this is what this market is really that known for.
Dont make yourself that too optimistic on which on the moment or time that it will really be having such movement then there's no way that we could really be able to predict on where it would really be
that going. No matter how good your analysis is, but still it could really be fucked up by the market in a snap on which this is something that could really happen. So better be prepared
and be wary about those probabilities and you will really be thinking up about back up plans and other actions that you should be made on.