Quote from: knowngunman on Today at 07:21:24 AM

Quote from: Issa56 on June 23, 2025, 08:17:46 PM

Bitcoin price dropped to around $98k yesterday, but it has bounced back to $103k currently, seriously bitcoin bouncing back to the current price might just be temporary, am expecting bitcoin price to drop again, before I will say bitcoin price will start pumping back is after all this wars are over, but as long as Iran and Israel are still in war, then we shouldn’t expect anything much from bitcoin.

Bitcoin price is currently down, I will say this is another opportunity for us to accumulate more bitcoin, the more bitcoin price keeps on dropping, then we are suppose to keep on accumulating, with time bitcoin price is going to bounce back, but we shouldn’t expect profits within a short period of time, because nobody knows when bitcoin price will be bouncing back.

This is not the right time to draw conclusion on the market stability as we continue to go back and forth. The price is currently on the verge to $106k this morning after a slight pull back yesterday. The fact that we are still in the middle of war and the market is not much affected shows that we are in solid era and moving back to as low as $95k seems unrealistic at the moment unless the war intensify beyond imagination. Although, the current price is below ATH and accumulating more bitcoin might be a good idea but new investors should apply caution when investing as no one can tell the severity and longevity of the ongoing war.

Investors need to make more mature decisions at this time, the price of Bitcoin may naturally go down a bit due to the ongoing war, this is certainly a normal thing, but if someone makes any kind of negative decision due to this volatility, then it is definitely going to be a wrong decision for them and for which they will have to repent in the future. We can understand how volatile the price of Bitcoin is very well by looking at the movement of Bitcoin in the last 3 days, where Bitcoin dropped to $98K due to volatility, but soon after it has returned to $105K again, so it clearly proves that this kind of volatility is never a big problem and the price is never only negatively affected. Volatility is natural and short-term, so always ignore this volatility and move forward consistently with long-term faith, long-term holding is the only way an investor can be most successful.