Quote from: Marvell1 on November 16, 2024, 05:45:43 PM

Quote from: batang_bitcoin on November 16, 2024, 11:19:30 AM

Quote from: BrewMaster on November 12, 2024, 02:54:38 AM

do you think this is the start of the BIG rally and next bubble? what will be the peak? $1 mil?

I have read thoughts and speculations that it's going to be from $270k-$800k. Close to $1M but I'd love to see all of those highs. $100k is the first target for this first rally and then whatever comes next, as long as it's more than what we've got right now, it's a certain win for the majority of the holders that have bought under $70k. Those that still haven't got a good entry, they might just wait for the next bear market on 2026 or so but every cycle and bear market is different and in the last one that we have, it's not that critical at all.

If this bull season ends with a final ATH of over $270k or even $800k, then even if the bear season comes and we buy bitcoin, the price will definitely be much higher than the current price. I don't think if bitcoin can rise above $270k in this bull season, it will fall below $100k in the next bear season. Besides, what guarantees that history will always repeat itself now that Wall Street has entered the market this year? Are they creating another opportunity for us to buy cheap bitcoin? Therefore, I think if anyone wants to invest in bitcoin, they should buy now and maybe apply DCA strategy to get the best results instead of waiting.

You're right. The bottom will be much higher compared to the past bottoms of the bear markets that we've been through. People still need to see the brighter side during the upcoming bear markets because there's always a new high from the lowest that we can ever imagine. And if this pattern is right, everyone who's holding for the long term will not have to worry anymore because numbers don't lie and the data that's visible about how high the next bear market will be compared to the others in the past, is a guaranteeing proof that the marke has always becoming better every after cycle that passes by.