Quote from: Marvell1 on Today at 04:06:10 AM

I don't think bitcoin price will rise again anytime soon and may hit $130k before the end of this month. Last night, the price of bitcoin even dropped to $110k after a whale decided to sell more than 24,000 BTC on Binance. More notably, this whale still holds over 152000BTC and it is unclear what he will do with that bitcoin next. If he decides to continue selling all those bitcoins into the market like last night, the price of bitcoin could even drop below $110k.

We are almost certain to end this month with a red candle.

Maybe not this month? I mean we have a very little time left until this month is over. But, I am sure that it will not take long before we reach back to 130k+ again, that should happen soon enough. I get that it may not look great at the moment because the prices are reacting to rate cuts not happening again, but that is all markets and we are going to recover from this again.

We should be focusing on how to do this better, like anytime it drops, people react as if this is the last time it could go up and they sell, because they fear the drop, and long futures being cashed out also helps the snowball impact. But the reality is that we are not going to end up with bad results, it's going to be a lot better with given enough time, and it will recover, we just have to hold and if we can buy more.