The current Bitcoin price situation is exciting. After a spectacular ATH at the beginning of the year and breaking records one after another, Bitcoin is now on a skyrocketing journey. Such a rise at this time of the year gives us a foreshadowing that the kind of expectations that most speculators are expecting may be fulfilled. I am saying that $200k is possible before the end of this year. The possibility of a fall in Bitcoin mania seems very low, I think the market is preparing to push a new ATH of $140k this month.
I think Bitcoin may have just started generating new ATHs even though its current price situation has become exciting. It has already been observed that the US House of Representatives continues to discuss various bills for the digital asset sector if they pass it maybe that could also be a strong boost for the Bitcoin market. The first of those bills is the Genius Act actually it's only for stablecoins, the Digital Asset Market Clarity Act and the Anti-CBDC Surveillance Act so we hope that these will enable further growth of Bitcoin.
Hold on tight to your holdings for the journey of $200k.
There is always a possibility of a short-term pullback in the market, but we still need to invest with unlimited patience and hold on strongly for the 200k journey. To be honest it appears that Bitcoin buying and holding strategies are on the rise at the moment.