BTC's taken a hit this year, down from its crazy high of $104k in 2024 to $91k now. With all the market swings, halving hype, and uncertainty, im wondering, should we be worried or is this just a normal dip?
Recently Bitcoin has actually gone even far below that and then its not to be considered a problem or one which we should get so bothered about as there have been times bitcoin has experienced such fall over time and it has always been considered one of the regular retracements and recently it has been influenced by news and activities in the market, with the news of many adoptions and the legalization of the usage of Bitcoin as a legal tender along side the adoption of Bitcoin to create a reserve in the US has all influenced the fluctuations of the price if Bitcoin, the US election too also influenced all of this so for me I'm only considering this as a wave of which hopefully it will later come to an end and so we shouldn't panic about it as in the end Bitcoin will still go bullish.
Before the end of this Year, its very likely that Bitcoin is going to exceed its current ATH of $104k so there's absolutely no reason to panic or thing that bitcoin isn't doing well rather its time to look out for opportunities and find a way around them and see if you will be able to invest smartly and make profits from the opportunities you have found and used.