Bitcoin has finally reached its ATH once again, what next should be the question we should be asking ourselves? Is it a great direction to $150k or just another way to create FOMO and made some future guys get wipe out?
Of course, Bitcoin's current price growth is positive. After reaching a new all time high, we can see the price not immediately dropping, and the $150k price target may be reached, but not this month.
We can see Bitcoin currently at $117k, after previously surging to $118k. It wouldn't be a problem to reach $120k shortly, but perhaps, as before, we'll see the price stabilize relatively stable around the current price range before reaching a new all time high again.
Yes, $120K this month is very possible, but I don't think it's reasonable to expect $150K this month. It could happen next month, or it could happen at the end of this year. Actually, we can't say anything with certainty, so we have to continue holding patiently, Bitcoin may go to a level that we never expected, everything will happen unexpectedly, so we must remain consistent in our long-term strategy. Don't put yourself at risk by making unnecessary wrong decisions during short-term volatility, but rather continue holding patiently, which will be most effective.