Quote from: PremiumcryptoHub on Today at 09:38:40 AM

Quote from: DenBlad on Today at 06:03:11 AM

it blow past $80k by Nov 1st, 2024

Can it be possible? Many of us make different predictions about Bitcoin, some are correct and some are not. However, recent bullish and bearish candles in Bitcoin price may not be revealing that it will touch $80K by November 1st. In recent times, the price of Bitcoin has not risen above 63 thousand dollars. In this situation, the market seems to be standing in a stable state.
If you are an investor then these are not your concern as your only investment goal is to buy bitcoins and set a goal.

That's just it, as an investor that invest into Bitcoin, Bitcoin hitting 80k or 100k shouldn't be your primary concern because you are a long term holder, and due to the huge potential of Bitcoin, we all believe that Bitcoin has the capacity of doing 10x to 20x in like 10 to 20 years time from now, so is their any point getting too concern about it current price or Bitcoin hitting 80k or 100k? Or are you going to sell at such price?
If you are actually thinking of reacting by selling off your holdings at 80k or 100k with the kind of potential Bitcoin has, then it's either you are just a trader or you are just too myopic to see the bigger picture of Bitcoin in like 10 to 20 years time from now.

What I did expected from us is to use this opportunity that we have to accumulate more Bitcoin, because we are still in it early days, and the stash of Bitcoin in our possession determine how profitable we might be in the future, so I believe that since it's very cheap now comparing to the price it going to reach 10 to 20 years time from now, it's best we seize this opportunity that we have now and accumulate as much Bitcoin as possible.