Quote from: RaraAvis on July 21, 2025, 09:07:32 PM

Hi all

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...)

Your thoughts please

Personally, I am not sure that we have reached the peak of the Bitcoin price in this bull cycle. If we are talking about a short-term correction, which could theoretically happen at the end of summer, then in my opinion, it is very difficult to predict the movement of the Bitcoin price in the short and medium term. You can easily be wrong (and then you risk not buying back the Bitcoin).☺️

In my picture of the world (this is not financial advice), the peak of the Bitcoin price will be in November-December 2025. At this time, the price will reach the level of 220,000-380,000 US dollars.🪂

After that, the bear market will begin, and this is when it will be advisable to buy back Bitcoin from the market. But this is just my guess. 🌞

In any case, Bitcoin is a deflationary asset, in fact, it is the only asset in the world, the growth of demand for which does not lead to an increase in supply (if we are talking about real Bitcoin, and not derivatives). The total number of Bitcoin coins is limited, or rather, it even decreases over time (after all, users of the first cryptocurrency constantly lose control over their private keys).✨

In this regard, I personally would not sell my bitcoins now in the hope of buying them back later.🌒