Lately alot have being on going and Bitcoin have kept it solid stance in terms of price recovery and consistent positive signs, despite the many fomos of wars and other external news that created forces to impact global assets Price which Bitcoin is one of source, better still Bitcoin is able to keep the momentum by creating some form of positive price increase that suggests a rather bullish momentum, what can we say of the current Bitcoin price and which direction are we heading to?
The current condition of the market is still very favourable for all holders and those looking to withdraw their investment from the market only when it gets to a particular price target they wish still will have the optimism in them that their target will be reached soon. The market is still in a very bullish momentum and I am very confident that another all time high will be reached sooner than we expect. The effect of wars and other external factors of the market on bitcoin cannot be overemphasized, but based on how bitcoin was able to overcome all of that and achieved a positive trend, then there is. I doubt that bitcoin remains a dependable asset for long term investment.