Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
As-Soon-As
on 08/11/2024, 23:53:01 UTC

Because of the Bitcoin Strategic Reserve, I therefore change my personal viewpoint. I no longer care for six digits, it's NOW SEVEN DIGITS! - $1,000,000 per Bitcoin.

I think we should wait till the Bitcoin Strategic Reserve is implemented before we can talk of a price target of 7 digits because for now, it is assumed that every positive thing Donald Trump said about bitcoin is still a mere campaign strategy till when he assumes office and start implementing them one after another. But whether strategic or no strategic reserve, bitcoin will still approach $1,000,000 and that is the most important thing. The only difference is that if bitcoin becomes a strategic reserve, there will be a driven force that will spark the price to experience a breakthrough and approach unbelievable milestone more faster than it would have been without being a strategic reserve.

We don't just have to worry about the price of Bitcoin, we have to increase our investment as the price of Bitcoin increases. Because if we don't invest as soon as possible then we must regret later, Bitcoin price will surely touch 7 digits and it is most likely to reach 150k dollars.
So as of now we only need to follow the DCA method in Bitcoin as the price of Bitcoin is still under considerable control of investors. Because the price of Bitcoin has started to rise, we can feel that the current time is the pre-bull market, and the price of Bitcoin will start to rise from now, and it will be resolved in 2025.