Post
Topic
Board Speculation
Re: This bull run is different...
by
BITCOIN4X
on 28/10/2024, 20:21:57 UTC
~Snip
The ability of price movement is difficult to predict and may not only depend on one situation like market sentiment or other events. I am optimistic that there will be a best moment at the end of the year before reaching the next ATH and that will be a big move to consider especially on the buying pattern that is done by each person. DCA may still be the best strategy and this can be done by anyone to increase the amount of ownership before bitcoin reaches the next ATH.

When we check then there is a picture when we want to make a transaction and that is important as an insight before doing so. I have made slightly larger transactions but the fee was very comparable and that was probably because the transaction traffic level was not so heavy at that time.
Before this month is even over, I think you should consider bitcoin could hit $70k again. Bitcoin is not too far away from the previous ATH at this time, of course you need to look at the price now because we are very close. Today bitcoin experienced a price jump of several percent, $69.6k was the highest price on 1 Hour TF, meanwhile $70k seemed like within reach.

Many people's optimism about a new ATH this year may have some basis, but prices are always difficult to predict. The US election could possibly have a negative or positive impact on the crypto industry, that's because there are two different candidates, one of which doesn't really support this industry. Yes, Kamala Haris is what I mean.