We still have more than 4 months left in the year, so there is no need to rush or speed up, bitcoin can still hit $150k if it can maintain the current pace. I'm not worried about the $150k goal this year but I don't think it's going to happen this month or next month.
Many will say anything is possible but 4 months is too short for a $200k goal. I don't know who else is optimistic about that goal but for me, I don't think bitcoin can reach that goal in just 4 months left of the year no matter how many institutions and companies add bitcoin to their strategic reserves.
In my opinion, it would take a bigger catalyst like national reserves, not just institutional reserves, to get bitcoin to $200k, but that's clearly not going to happen anytime soon.
I agree with this. Too many people reacting as if we need to arrange this quickly, like if we want to hit 150k then we need to do it during the summer. But reality is, historically summer hasn't been a great period, and we need to see how this could be a good period to calm down, and hold. Because we are going to go into Q4, which is historically the best time and best way to make money. We should be considering this as a way to make more money, so just hold during this period, and if possible even buy some more. You will probably be awarded by the end of the year.
No matter what the market movement is, never lose patience, the market can naturally go down at any moment, but it is never a matter of panic, especially for those who are long-term investors, the market always shows volatility but it quickly recovers, even comes back stronger than before, thinking about this year, we are expecting a lot of good things towards the end of this year, but before that Bitcoin may face a lot of volatility, and those investors who can consistently hold their investments during that volatility will ultimately achieve great success, no matter what level the market goes to at any given time, there is no substitute for patience and consistency, because the market brings success in the long term.