Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
reagansimms
on 23/05/2025, 02:51:09 UTC
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yes btc is indeed amazing because btc always makes new ath and currently btc has been in the price range of $ 111k and this is truly an extraordinary achievement achieved by bitcoin and of course there is great potential we will see btc continue to rise and of course I am sure btc will rise to $ 120k later and can even be more than $ 120k.
Bitcoin sharp surge to its highest level in recent months was driven by positive market sentiment due to large purchases by MicroStrategy and Japanese investment firm Metaplanet. The buying action carried out by these two companies became the main catalyst that pushed the price of Bitcoin soaring to touch the level of $111,451.

This extraordinary achievement was also triggered by increasing market concerns about inflation, investors are increasingly turning to Bitcoin as a hedge, especially amid negative signals from global monetary policy. Technically, Bitcoin has broken through several important resistance levels, if this trend continues the possibility of forming a Bullish pattern will be stronger, this condition can encourage higher buying interest. IMO