Quote from: EarnOnVictor on Today at 04:20:29 AM

Quote from: Fullcoinese on February 18, 2025, 01:31:41 PM

Quote from: EarnOnVictor on February 18, 2025, 01:20:55 PM

By the way, what's a mother coin? I don't see it correlates here. Besides, Bitcoin should be approached wisely and carefully judging by the high price it stands now. Who knows, it may not hit $150k this bullish season as widely expected, it's an asset, it is not a promise to anyone that it will always deliver. But one sure thing is that Bitcoin is a blessing, but that's provided we approach it rightly. I will only encourage people to buy it again when it is not higher than $50-60k. This is possible in the next bearish season.

if Bitcoin might reach $150,000 in this bull season, maybe the next bearish drop won’t be that bad.

You have a good point, the higher it goes, the lesser the possibility that it will fall so much in the bearish reason. Still, with the way Bitcoin behaves, I have a strong feeling that it will not reach $150k this bull run, all the possible events that can help it rise have been priced in, the last is the US election, so what next? As things stand, getting to $120k will be a tough task and I don't think Trump's plan on Bitcoin strategic reserve can be easily pushed through.

You are right because the only major event we are expecting to cause a massive rise in the price of bitcoin now is the implementation of bitcoin strategic reserve which means if peradvanture it is not approved thist year there will not be any factor that will make the price to experience rapid growth the way some events made the price to skyrocket very fast last year such as ETFs approval by US SEC, the halving events, activity of the whales and the outcome of US election. So if bitcoin strategic reserve is not approved, the only thing that can have impact in the price is activity of the whales which we know they manipulate the market a lot so even if they cause a spike in the price of bitcoin, it won't last for long so we should not be too optimistic about achieving a price target of $150k in this bull run.