Our biggest problem is not being stable about anything. The first thing we need to achieve is to analyze the market movements and prepare to make a mature investment. When it comes to investing in Bitcoin, we see different people's behavior at different times, such as many who show the mindset of holding (BTC) for a long period of time, while many people decide to sell (BTC) in the short term due to its volatility. We can assume that Bitcoin investment is waiting to reap a big profit in the near future regardless of market trends.
What’s more important involves a good management although bitcoin strategies as seen is more easy to practice meanwhile a short term profit involves more risk not knowing the market structure. Bitcoin volatility is not an excuse for anyone who practice short term investment, no doubt holding bitcoin investment for long is profitable that’s the reason investors in general still hold and accumulate in times like this.
If we briefly discuss the essence of Bitcoin, we can see that although it started with $0.06 in July 2010 at the beginning, it reached a peak value of more than $73,000.00 in March 2024 through various ups and downs. Although the current price is $69,462.74, we can expect Bitcoin to cross $100k in the next year.
Bitcoin experiencing a bull run or not presently, bitcoin might go beyond $100k whenever probably. We can’t predict the market rather past events can determine the outcome, bitcoin price history keeps growing but, past performance could not determine the present market correctly. I see comment concerning bitcoin price reaching $100k next year and I’m also anticipating for bitcoin price reaching $100k.