Bitcoin Price At $64k, What Is The Next Move?
Image by Gerd Altmann from Pixabay
A few weeks back bitcoin price was down to $49k and it was for short time. A crypto expert predicted that bitcoin price will be below $50k and this happened. The current crypto price is above $60k though altcoins are still at down price than usual. Time run faster, it seems a few weeks back crypto market was showing the sign of bull market and after bitcoin halving the story started changing and this price down was also predicted as history repeat itself and after bitcoin halving the price of crypto got down in the past too.
The hope of bull market still exist because crypto can surprise and shock us anytime. Observing market is not enough, analysis more may help many crypto researchers. Can you predict the next move of bitcoin? Many experts predicting that bitcoin will pump more on October and November and now question is what about September? Can we say another deep or we can see the positive market move from the September. Honestly, this is not my asset concern yet because I'm planning for buying so I need another dump before the big price pump of all crypto.
After buying and selling this make me feel like I'm at risk and the waiting for next trading going to be longer or I've to accept the loss to have a new start. This way I've lost my asset value and currently the amount I've for trading is not even enough for my next three month expenses. Sometimes I get frustrated and wish to withdraw all my money but how can I forget those days when I made profit from the crypto market.
This is not greed, this is a hope and we can try before accepting the bad luck. Time can be change and it can bring good time too. Self motivation is powerful and my crypto motivation is my gains in the past. Last year I became the victim who loses the crypto for a scam. I lost my earning of two years and it took more than one year to recover half of my loss which means I'm unable to recover my losses in the scams last year. I believe that someday crypto will surprise me but holding a smart number of crypto for long time is the requirement that I don't meet.
My prediction will be always positive on bitcoin and I believe to see the price value $70k plus once again this year. Almost eight months of this year gone and we have four more months. I wish for a miracle that can improve my crypto trading and also can improve my personal finance for next two years at least. This is not impossible but to make it possible I must need to hold crypto in my wallet but right now I'm not holding anything in my wallet and waiting for next buy. Deep buying is hard for me so I may buy when market will show red candle. I'm hopeful and self motivated!