Currently, I do not own any Bitcoin but my plan is to sell all my altcoins later this year for (hopefully) decent profit and then buy Bitcoin only starting next year once it has crashed from the expected highs that we see later this year.
I am assuming 2029/30 will be a peak high as that would be the next bull run if the 4 year cycle was to continue.
What price do we think it can be then? I am expecting it to be at least $400k and if that happens I plan to sell all the Bitcoin I manage to acquire and pay off a big chunk of my mortgage (I bought my first house 18 months ago and want to pay it off asap).
I am assuming 2029/30 will be a peak high as that would be the next bull run if the 4 year cycle was to continue.
What price do we think it can be then? I am expecting it to be at least $400k and if that happens I plan to sell all the Bitcoin I manage to acquire and pay off a big chunk of my mortgage (I bought my first house 18 months ago and want to pay it off asap).
Basically everyone has their own strategy to accumulate Bitcoin, even most of them are just like you, waiting for a bear market to be able to buy at a cheaper price, but what we don't know yet is how far the market can go down and I don't think the Bitcoin price will be as bad as the previous bear which touched $16k at the end of 2022.
Maybe you can buy gradually at the $100k $90k $80k price level or you can buy in multiples of $5k, whatever you want, the ultimate goal is profit
.