The price of Bitcoin in the last two months have significantly increased and even when we've also experienced some little negative movement in price, there's no doubting the fact that the current price is still a shock to many. Considering the current price and volatility rate of the mother coin, is this a call for more investors to embrace Bitcoin and invest hugely or a time for existing investors to be worried about a possible significant bearish run in the nearest future?
I do not think it is about time for the market to start becoming bearish yet, the market is going to have some corrections that will look very scary but it is not yet time for the bearish market to become active. We are approaching Bitcoin highest price soon and until that has happened, Bitcoin is not going to change the directions from being bullish to bearish. Bitcoin price will always be changing and it would not stay stable therefore we can only be investing instead of being afraid that the market is going to keep falling. While we are being afraid, there are others buying therefore we should be like the buyers and not the sellers. There are more investors embracing Bitcoin and this is making Bitcoin going more mainstream and not being attacked again.
That is the right, the correction term is correction, it could be just short term though as we have seen this kind of movement even in the bullish run. And we should still bear in mind that 2025 is a bullish year, so I do not understand why we should be worrying when the price did go down from time to time. Maybe there are investors who want to take profit, or just doesn't like what they see and so they get out for the time being and go to other cryptos.
And we are still in the target of hitting a conservative $150,000 in the last quarter. All we have to do is just keep on accumulating when the price goes down and then HODL and look at the future price and the potential profits that we can make. If there is worrying, then it's how many you can accumulate before we hit another all time high.