Q1 is over and Q2 has just started with BTC making a fool of everyone, give hope of pumping back to 90k but faced a rejection and went for a new low currently lots of traders don't know what to think of the crypto market anymore project postponing their listing date and all things isn't looking suitable for the BTC. Does anyone think we would see BTC at 103k this year, or we would get to 50k or even lower? What are your expectations for BTC this year?
This recent trends of fluctuations of Bitcoin price is alarming and making one uncomfortable and Definitely it'll bear in the minds of every trader and investors some second thoughts but how can one outrun this, honestly my expectations for Bitcoin this year was extremely high and I wasn't expecting all of this as the year began but it seems it's not working to our favour but instead let's see how it goes since we ain't done with the first quarter of the year.Thete would certainly be a change in the cycle that will favour us all.
Be patient, we can't avoid sideways and accumulation, but we can somehow grasp the sentiment around bitcoin.
I don't even think we're going toward bearish cycle but instead it's just bear trap. People were so afraid when it hits $74k, then the next day BTC goes back to $85k.
Market can't keep going up forever and it almost certainly always need time for correction and accumulation, people who are impatient with their BTC holding will get sidelined but true holder will stay and make profit.