Bitcoin Next Probable Move- Up Or Down?
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Everyone is remembering the bitcoin halving of 2020 and many bitcoiners were expecting that history will repeat itself. The halving of 2024 is not like the halving of 2020 but you can see some positive sign of bitcoin price. For example bitcoin price value is above $50k for last few months and I think this is indeed a positive sign. Now question is what is the next move of bitcoin price? Forward or backward? Pump or dump? Can we really expect bull run in 2025? Honestly I feel the positive vibes and I expect to see bitcoin to the moon. Actually not only bitcoin but also altcoins that I like most and afford buying.
This is very normal that questions in our mind about crypto coins will keep continue buzzing as we are passionate crypto investors or traders. Though I don't count myself as a investor yet because I can't afford buying bitcoin. But that is my personal finance issue. If bitcoin price go to the moon then there is a hope for altcoins that follow the lead of bitcoin and ethereum. These days bitcoin showing stable mood because it is shorten the price moving range from $60k to $61k and I was thinking if bitcoin price may again go bellow $60k. Nothing is impossible and crypto market is a place where we can experience both surprise and shock.
Recently something force me to think about both time and money once again. I always talk about hold for expected price pump of crypto coins but holding for long time only worthy when you’ve a biggest investment and the profit from the investment will be a biggest amount too. For small amount investors holding doesn’t bring anything big even the time could be wasted. Listen, I'm just sharing my mind and observation, don’t take this as financial advice. Small amount investors should be brave enough to keep continue trading by taking high risk. Bitcoin investors are whale investors and they can afford to lose and hold both.
According to my personal observation bitcoin price may dump bellow $60k and it is smart coin to keep the crypto ecosystem in a balancing mood. Investors will constantly get a buying crypto calls or buying bitcoin. My waiting and holding will not going to give me big return even the time is passing will never be back. We can't buy time and this is the truth we can't deny. So use your own mind and invest at your own risk. I wish my bitcoin price prediction of price dump may goes wrong and we can experience something surprising like bitcoin price go to the moon.
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