Bitcoin Forum

Hi everyone.
We can all agree that the starting of this year 2023 has been extremely good for Bitcoin and a few other Cryptocurrencies unlike last year 2022 that Bitcoin had an epileptic run and was literally struggling, making lots of people think twice about still choosing Bitcoin as their choice of investment.

I remember being in a Facebook group where people were debating if Bitcoin would ever recover or if that was in fact the end of the world biggest Cryptocurrency Bitcoin. Inasmuch as I've witnessed similar events in the past years where Bitcoin walked down this same path I still couldn't help but have the thought "WHAT IF"
What if this is actually the end of Bitcoin?
What if I'm making the wrong choice still investing in Bitcoin?
What if this, what if that...
And honestly the Negative Vibes and tension in the air weren't really helping at all, but it appears as we all see now that Bitcoin has indeed recovered and taking a good turn now.

So that brings me to the big question considering the current acceleration at which Bitcoin has attained.
What will happen by the end of the Year? of course it's just a few weeks before the year runs out. Will Bitcoin ever rise again in the bottom weeks of the year? Or, will it crash just like in 2022?
These are the big questions. I believe there's no way I'm the only one having these questions in my mind.

Despite the acceleration Bitcoin has taken, we cannot elude the fact that Bitcoin in the past few months has been under pressure due to the high level of inflation that's hit emerging economies such as the US and other countries.
And from what I learned the U.S. Federal Reserve has hiked the interest rates with a 25-basis point to tackle inflation issues.

Although this isn't the first time Bitcoin is experiencing this kind of pressure, it happens almost all the time.
So please I'd really need your contributions and ideas on what you feel or think would be the outcome of Bitcoin the remaining weeks of this year and most importantly, what would the new year have installed for Bitcoin?

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What do you think will happen if the remaining days of this year should also turned the same way we felt about the previous ones, bitcoin is unpredictable and you should know this, and when things like this happens, it's not a means to started to think otherwise about bitcoin because it experience dip over a prolonged period, there's always a chance to surge and rise back just as we are having now when the market went down as low as $15,000 sometimes in this year.

No one can know the future, but unless a very flawed error occurs, Bitcoin will maintain a market value and thus a price higher than zero due to scarcity of supply and increased demand, but far from pessimism and caution against excessive optimism, we can say that at least the price of Bitcoin will reach 70,000 2021ATH, even if this were possible. It is an opportunity to easily double your investment.
I do not want to be too optimistic and tell you that the price will be above 100 thousand, but in every investment, base your profits on what is expected by a large percentage.

Nobody knows what will come for Bitcoin in future.

I only knows that there will be more Bitcoin blocks mined by Bitcoin miners and the network will continue to lively run and my belief goes to The bullish case for Bitcoin (https://vijayboyapati.medium.com/the-bullish-case-for-bitcoin-6ecc8bdecc1).

Recent months the hottest trend in Bitcoin community is Bitcoin Spot ETFs and price rises a lot because people thought there will be Bitcoin Spot ETF approvals from SEC. I don't know when SEC will approve a first Bitcoin Spot ETF in their nation but logically, with approved Bitcoin Futures ETFs, they have no reason to refuse Bitcoin Spot ETFs.

I know one more thing, a Bitcoin halving will come next year in April and Bitcoin will have a bull run with a halving. History will be repeated again and halving is a good catalyst for a bull run.

I can't say I've ever thought twice about choosing Bitcoin. I've been scared or worried a few times about Bitcoin but the reason I was worried was not "what if this is the end for Bitcoin". It was more of a "how long will it take for Bitcoin to go up again".
I believe Bitcoin will always appreciate, it's the time that gets me worried. This makes me start asking questions like "what if we don't experience another bull run in another 5,6,7 or even 10 years?"
But I've come to realize that, that's just my emotions talking. I still have those thoughts and emotions but they don't bother me like they used to.


The whole of the year I've maintained speculation that Bitcoin would get to $35k-$40k this year.
Bitcoin is on $36k now so I guess I was right. Right now I'm going to be more bullish and speculate that Bitcoin would get to $40k before the end of the year. (Please don't make a financial decision or any decision at all based on my speculation. I won't be responsible for any losses  ;D) Before you agree with me please do your research and have a basis for your conclusions.

With Bitcoin halving coming up next year I'm very bullish with my speculations of next year. If we're lucky we might see a new ATH next year. Next year would be a very good year for Bitcoin. It's going to be way better than this year.
And one thing I've noticed about Bitcoin is that it's kind of like grows a thick skin with time. The economic situation that could make it drop to $10k in the past doesn't affect it much anymore. If something similar to FTX happens again, Bitcoin won't be as bearish as it was the last time. I guess this means it's gaining more trust among Bitcoiners.

It's indeed been a rollercoaster ride for Bitcoin, and the uncertainty can be nerve-wracking. In the crypto world, unpredictability is the norm. While it's impossible to predict the future, Bitcoin's resilience over the years suggests that it has the potential to recover from various challenges.

Factors like inflation and interest rate hikes can affect the market, but Bitcoin has shown its ability to adapt and recover. It's crucial to stay informed, diversify your investments, and set realistic expectations. Always do your research and consider your risk tolerance.

As for 2023, it's a dynamic space, and we can hope for the best while being prepared for fluctuations. What's most important is your understanding of the crypto market and your investment strategy.

What if this is actually the end of the world?
What if I'm making the wrong choice still working a job?
What if this, what if that...

Your questions are malleable and you can replace them with almost any thing and still be scared of what is to come.  None of us knows.  The fall of Bitcoin could coincide with my death.  I would not even get to see a crash before I close my eyes.  It is all a possibility and not worth stressing out over.

Bitcoin has temporarily recovered.  Does this mean it is going to crash again or recover more?  Who knows.  Nobody.

You're entirely Correct, my friend, but I'll wager that in the early stages of your Bitcoin adventure, similar situations would make you feel the same way. As a result, it's very common for novice Bitcoin users to experience mild panic attacks at such times. The Bible even states that your heart would be wherever your money or fortune is.

You would concur with me that developing this kind of trust requires a high level of experience, therefore I imagine that when new bitcoiners read your comment in this scenario, they would say, "Easier said than done."

Risk in general is volatility, risk specifically is security. Fluctuation isn't a hesitation to invest, bitcoin actually doesn't offer that. You can see some whales like M Saylor how he survived even with the red market conditions a few months ago. However, with specific risks, bitcoin can cause someone to lose their investment in just a few seconds.
But yeah, some investors prefer to go against the advice: "invest what you can afford to lose", because there is no small amount of money that is worthless.

personally I say  this to the op. Fear not. Do a dca for what you can afford once a week. Then place some cash on the side for emergency.

If you did a dca from nov 2022 to nov 2023. 200 usd per week would become close to 20k more than double the cash you would have spent to do the dca.

to think we may double again in a year is thinking weakly.

So start your dca asap.

Correction and more bullish movement since 30K is already broken which the strongest resistance so far since the bearish market occur after the ATH. There’s no shit news like Luna and FTX that will make the crypto market crash. Institutional traders is also happy about their investment and potentially they will add more since they knew how strong the crypto market when everything is bullish.

Don’t Fear especially when we just overcome the biggest dump on the previous cycle. It’s same scenario when pandemic first hit the crypto market then later on pump hard after everyone trust crypto again. Crypto market is unstoppable with all the good news coming next year.

In terms of price, no one know for sure what lies ahead for Bitcoin. The best we can do is to make projections based on various indicators and historic data and hope it materializes. On this ground, Bitcoin have never had a better future than it is looking now: the growing awareness, the ever-increasing interest by big investors (probably through Bitcoin ETF) and Bitcoin halving billed to happen next year are all indicators of a beautiful future for Bitcoin.

If rumors of ETF approval can cause the price of Bitcoin to soar as we are seeing of recent, imagine what will happen when the ETF finally get approved followed by the halving; this will mark a historic moment for Bitcoin.

Furthermore, from the perspective of usage, Bitcoin have an amazing future. Following the legalization of Bitcoin by El Salvador and Central African Republic, many countries will surely follow that direction when they see the transformative impact of Bitcoin in those two countries. This will indeed lead to many innovations and startups cum used cases for Bitcoin.

In conclusion, even when we cannot accurately predict the price of Bitcoin in the future, there are high chances that Bitcoin will continue to break new grounds while offering revolutionary opportunities and solution to people and businesses.

Bitcoin may have indeed recovered temporarily, but due to the market's volatility it's still very difficult and nearly impossible to predict what the next move might be. Some say there's gonna be a bullish run and some think otherwise. Also considering the fact that there are so many factors that Joins to influence the price of Bitcoin.

I think this makes it really hard to make any choice regarding the investment strategies and choices to apply. So what exactly do you suggest one should do in the midst of all these uncertainties?

In terms of price, I think that it might stop increasing that much, we might have another chance to get some more cheap BTC. Nevertheless, it would not surprise me if we get a sudden price pump that will leave everyone out, as it happened in previous cycles

In this case we cannot see what will happen in the future and your view of "what if" is not wrong but I think you fantasize too much with fear and just think more about the worst thing that makes yourself too anxious about it.
Being in bitcoin is a risky choice and we all know that so regardless of how much doubt you are expressing with the "what if" metaphor it has already been answered by saying that it is a risk so if you can't handle the risk then don't be in bitcoin because it will only make you think of more things just like you did in this thread.
But if indeed we already know that the risks and some possibilities that must occur about bitcoin then I think when you remain convinced that bitcoin is one of the things that you can maintain as an investment I think you will not think too much "what if" because indeed all you think about is how to add and do a good strategy in the investment made.

Either completely leave all crypto because you are fearful

or do a weekly dca of an affordable amount for a few years.

Just like what @phillipma1957 said fear not and worry less of what will happen to bitcoin but rather worry about how you will continue to increase your bitcoin portfolio weekly through DCA and only use the amount that wouldn't affect your other responsibilities so that you don't sell before the time that you will be reaping from your investment and don't forget to invest in a long term.

Next year after this halving will be a great time to bitcoin investors who could be patient enough to wait for the bull run and have also discipline themselves to make the DCA method of bitcoin accumulation their priority because bitcoin future is bright. Invest now and kill your fears with with regular DCA and lower the risk by having a long term goal.

I believe this here is the best advice I've received so far, especially the last phrase. :)

So would you be kind enough to share a clue of what investment strategy would be considered best to apply in a situation like this?

I think, the price of Bitcoin will hit higher more than what we are experiencing from the crypto market now, that made the price to change to another level to change the mind of those that said bullish season will not appear before the end of this year 2023. If the price can pump to this level to surprised investors yesterday, it show that the remaining weeks will be the weeks of celebration to Bitcoiners in the community, because many investors are waiting for the price to increase to $40,000 before they will start releasing their Bitcoin to the market to make passive income. My target is $40,000 in this year, but it look like the price is heading to $40,000 which it will happen soon for those that invested when the price was $27,000 few months ago to enjoy their reward.

Nothing new but it's going to be same cycle of bull run then correction phase and possible bearish market. Wherein during bullish season everyone will start posting positive about Bitcoin and the famous posts "Bitcoin to moon", "Bitcoin to $150,000" will start appearing more often, once the market correction starts then fuds will start popping up and people will start panicking and doing panic selling and people will again fall for bull traps and some will be waiting for bull run once again. Amidst, all this there are sensible investors who do utilize both bear and bull market wherein they accumulate Bitcoin during bear market and gradually start selling Bitcoin during bull market and ensure they sell it off by the time market correction starts.


In general, Bitcoin's day ahead looks be have more positive news as all 12 Bitcoin spot ETF could be approved in a span of next 8 days.

For reference:
https://cointelegraph.com/news/bitcoin-etf-approval-window-sec-bloomberg-analysts

To be honest, I don't think we can all agree that 2023 has been a good year for Bitcoin. Was it better than 2022? I guess so, although the price in the first half of 2022 was largely higher than in 2023. In 2023, we've seen a general upward trend, but the price has been climbing up very slowly, with major setbacks, and it's still more than 40% down from the ATH point, and the year is almost over. Perhaps next year, the price will continue climbing up gradually, but that also can disappoint a lot of people if we see the price going a bit up, then down, then a little bit higher up than the last time, then down again, etc.
Nobody can predict the future, but I simply think that this general slow upward trend will continue, unless major negative events won't drive the price way down.

You don't need to start thinking about what will happen after now, what the faith of bitcoin will be, or what the price will be at the end of the year. If you are so concerned about the safety of your money, you should not even consider investing in any volatile asset, as there is no stable price for such, and we will always experience price pumps and price dumps in a while, and that's inevitable. With or without the fuds caused by the feds, we will experience price drops at some point in the crypto market.
 
What you should be most concerned about right now is how you can make the perfect investment plan that could reduce the risk you are taking. That's if you are convinced enough that you want to invest in crypto currency, but the fear of price is what's holding you down.
 
You can use some percentage of your weekly or monthly earnings to invest in bitcoin, which you can do using the DCA strategy, which is best recommended. With 1-5% of your earnings, you can start small, and at the end of the day, without thinking about price differences and changes, you can accumulate enough bitcoin without even realising how much you have invested, so far as you won't be investing in large amounts all at once, and this way you can be less pressured over price drops as you can also consider holding for a long period of time.

After reading the opinions and views of all the seasoned and experiencd members, all I could think of to question myself at the time was, "Why exactly didn't I consider the idea of DCA?"

That's really the most effective way to accumulate. I will have to accept the DCA idea without a doubt. Your suggestions and guidance were really beneficial; at the very least, I've fully stopped thinking about the hypothetical "WHAT IF" scenario.
Thank You

No one can guarantee the future of Bitcoin. Professionals and experts alike are trying to predict where Bitcoin can go in the near future with their analyzes and predictions. However, we all know that after every bull season comes bear season, and every bear season is followed by bull season. As the price of Bitcoin seems to be on the rise, it is easy to predict that the price of Bitcoin will soon hit $40k in the next few weeks.

I think Bitcoin may come down for another test, and touch $31k or $32k, but it is unlikely to crash like in 2022. There is very little time left for Bitcoin to halve. After that, if we look at the history, Bitcoin is likely to get a big pump. So don't worry too much, Bitcoin prices are still likely to rise in the final weeks of this year if the ETF is approved. The new year will undoubtedly be a good year for Bitcoin as well. There might be a small dump before the halving, but Bitcoin probably won't look back after that.

Thank you very much, that was really helpful and reassuring too.

Bitcoin's price drop to $31k-$32k is a natural thing because Bitcoin also needs a correction to prepare for an increase to a higher price.

If Support remains strong to withstand all kinds of shocks that will occur, Bitcoin will reach the highest level this month and after that, we will also face the Discount Crypto Market in December, namely "BlackFriday" which we know as a bearish month.

This could be an opportunity to buy at a lower price before entering the new year 2024 with the Halving moment which will provide high profits.
So buy and hold when there is a good opportunity to buy back.

Well, this seems reasonable since some people want to cash out some winnings.
! thing might play into a not so strong dip after the rise, the high transaction fees at the moment.
Right now you have to pay a ridiculous 200 sat/h to get a confirmation in the next block, that's just awful.
This might stop people from selling smaller amounts since it's not worth it when having to spend so much in fees for 1 or 2 simple transactions.

Of course the fees are still a problem and this needs to be fixed asap.
Even 2-3 months ago, when the mempool was super congested with over 600k in uncornfirmed transactions the fee was always at a reasonable max 30sat/b. Now with a pool of only 200k transactions we see 7x that fee.  :'(

The whole crypto industry has weathered quite a storm in the form of the bear market as well as the FTX scandal. Post that, the market is certainly buoyed by the chances of an ETF approval and Blackrock also deciding to jump in.

Ethereum has also spiked a few hours ago due to a similar announcement by blackrock about Ethereum.

In the coming days, it will be interesting to see how the growth rate plays out between Ethereum and Bitcoin. In earlier times, considering the overall marketcap and public interest; BTC was always king. Now BTC and ETH have diverged and have two different use cases and philosophies behind them. It will be pretty interesting to see the growth rates between the two.

Another important development that seems to be coming up is the closure of the bitcoin-dev mailing list. (https://protos.com/the-main-bitcoin-dev-mailing-list-might-cease-operating-next-month/). Essentially, all the cool discussions that happen on that geeky interface will go away. The options being discussed are things like google group and it may even end up being the forum.

Bitcoin will not crash like in 2022 because back then there was a lot going on, like the crash of the FTX exchange and other scrutiny cases from the SEC against other exchanges, but now the SEC is supporting BTC and they might approve the ETFs. If it happens, then there is no chance that the BTC market could crash like in 2022, and technically, that was already a bear trend and nothing was new there. Even if the crash of the FTX exchange was unexpected, the price downfall was not.

How can you say that BTC was under pressure due to inflation? In my opinion, inflation has no bad effect on the market, instead, it has a good effect. For example, we all know BTC is a hedge against inflation, so people who are being pressed by inflation tend to find an alternative to store their assets to avoid the eroding of their funds. Which increased the trading volume of BTC and its price too.

In my opinion, the BTC market can reach around $40k at the end of November or might cross $45k by December, but this all depends on the news and good improvements, and what are the sentiments of the users. If they are bullish, then BTC is bullish, otherwise, it is not.

We actually cannot look into the future or travel in time to know what the future is going to look like. There's a particular thing that people do concerning Bitcoin, which is, if the price is falling, then you see some people saying some bad word about Bitcoin, and when the price is becoming bullish again, they begin to talk good again. Based on my speculation some time ago, I said Bitcoin was going to hit $45k–$50k towards the end of the year, although at that time it looked as if the price was not going to even get to $35k before the year ended, but now we are approaching $40k, and I believe even if we don't get to $50k, the price might not drop below $30k before the end of the year.

For some people who are new to bitcoin, they might think twice about choosing it as an investment option during a sharp decline in the market like in the year you mentioned. But for people who have been involved in it for a long time, a sharp decline is an opportunity for them to accumulate purchases in relatively larger amounts, that is the difference between the two in seeing the opportunity and potential in bitcoin.

If someone understands the journey of bitcoin, then this is not a big problem because two things will always happen to bitcoin, both decreasing and increasing in a certain period. For the last few days, Bitcoin has experienced a significant price increase compared to the previous month and there may be several factors that influence Bitcoin to increase more than its previous price. I am still quite optimistic that the halving is getting closer and although in the next few months this year will be corrected again.

What I think about the outcome of bitcoin for the remaining of the year, well i don't see any much change from what we have on ground now. Although anything can happen in the space of one month, but all things being equal it'll be business as usual with small fluctuations. I think that the focus should be more on next year, when we'll be sure that halving will happen, and if you put past events after halving, it should give you the answer. ATH followed by massive bull run from the speculations that I'm getting, of course the analyses can turn out wrong, but given the precedence of bitcoin, we should be hopeful of cashing in on investment, anytime during or after next year.

Investments in crypocurrencies are risky, that is a fact that we have to keep in mind, so price pump and dump is to be expected, and it shouldn't be a source of worry to you. No matter how dip that price will be in the bear run, bull run will eventually override it. This is why bitcoin price has been appreciating since it's creation till now.

I don't have a crystal ball that can guess the future. Those are the words that ask me about the future of bitcoin. hahaha.

Maybe you have doubts about entering into bitcoin investment so that there are always shadows in the mind of how the price of bitcoin in the future will go down or up because of the pressure that has been seen so far, because the bitcoin cycle is like that there is always pressure and comparisons from other news that cause you to lack confidence when you see that pressure on bitcoin.

The only way is to never think about excessive negativity while prices are still low then invest as soon as possible because if bitcoin has gone up you will regret it later, I also did DCA a few years ago with a little money in input, with the consistency of what I am doing now the portfolio is growing in addition to now the price has risen above $35K.

What will happen next year is - halving event - bitcoin will be bullish. that's my assumption in bitcoin.

Bitcoin has seen the most in its quest for another all time high, too much anticipation from maximalist has always kept them disappointed and confused. I know and trust Bitcoin to get to points beyond $100k but when this will come through is what one can not easily say. I'll advice we always keep the numbers within a reasonable reach and hope for the best.

Yes, I must confess that the first quarters of this year really astonished me on what Bitcoin was able to do. I actually wasn't expecting the type of price level it maintained. I expected price to pick in the last quarters as that's what should be expected close to a halving year. Bitcoin started its great form in 2023 earlier than expected. As for the bearishness you witnessed in 2022, it was expected. Price always slump a year after every ATH. 2021 was the ATH which peaked at $68k+. It's the same bearish scenario I expect will play out in 2026.

Avoid Facebook for your peace of mind if you're into Bitcoin or cryptos. The comments there are larger than life, whether on FOMO or on FUD.

  What makes bitcoin special is the fact that the only way it can cease to exist is if we, the people, don’t want it anymore. What makes bitcoin a revolutionary once in a lifetime idea is the fact that if we, the people, want it - then nothing can stop it. Many experts predict the price of Bitcoin will be upwards of $100,000 in 3 years. Other, in the second quarter, the price of Bitcoin is expected to trade between $44, 967.078 and $68,884.958. The price is expected to average $54000 in May and $55,107.967 in June.
   Then, you need to see, if you have a certain amount of money you can afford to lose. If you don’t, then investing in anything isn’t worth. It’s supposed to be a nice pay off in the future, not putting you in a risk of losing your money. I’d say, if you get how it works, go smart and safe, you can go far and it’s worth a shot. In the end of the day, a lot of people think that Crypto is great for putting your money in.

Well, that's obviously going to happen so it's only a matter of time what happens next, so it's in our best interest to just continue accumulating more bitcoin as much as possible. I have to disagree with you about this one though, this isn't the bullrun yet per se. It's more of a combination of historical price expectation, halving anticipation, and the expectations of the market on the ETF decisions so don't be discouraged yet not buying now because it's not the highest peak nor the start of bullish season yet.

I would like to think that what has been most outstanding about BTC is thale fact that it still remains more stable with only as little as loss during trading.
Still, the halving in the first quarter of 2024, is the most anticipated event ahead and am sure the impact would be of much benefit to those who have started DCA strategy of investment for quite a while overlooking the expected halving and bullish seasons after it.

Personal opinion: I really don't care at all about what is going to happen to bitcoin in the next weeks, the next weeks is not a time frame, is just playing some game. If you are seriously into bitcoin you know we are here for the long run, and that means years, not weeks, so whatever is going to happen counts less than zero because in the long run it'll keep going up.

If you have strong belief about this possibility, then start collecting more satoshis if you have extra funds to use.
Because such positive prediction will only matter if you have your own stash when the price starts to increase.
As we are seeing these days, we finally see the 30k level again and it seems 40k is in the horizon.

Right. It is not exactly the bull run we're all waiting for. More like after years this mix of historical expectations, the hype around halving, and everyone crossing their fingers for the right ETF call will happen. Smart move to keep stacking those sats and you never know when things might kick into high gear.

All in the name of "What If" is why so many people are not taking any risks in their lives until they wait to be task for not taking risks all along, I can't imagine a life without risk taking, you will just be stagnant in one position for the rest of your life.

What if this, what is that, this is the mindset of someone who don't want to grow, you worry too much about what you can't control, the fun part about life is we humans not having a clue about tomorrow,  isn't that adventures on it's own?

Live like a human, build yourself and your mind, take risks because a risk taker don't always lose on the long run, it's either they gain more knowledge or they win, but not taking any risks will put you in a deep darkness for the rest of your life.

No one will know about bitcoin in the future, but what is clear is that currently the crypto market is in a period of recovery, and the price of BTC is experiencing an increase which of course has many causes such as soon there will be a BTC halving, plus other news such as about bitcoin ETFs and others.

indeed, when btc was in a bearish phase such as the price was less than $19k, many people thought that that was the end of bitcoin, but in reality now btc is showing its greatness which makes people not want to miss this moment to buy btc. but I think btc will have a good future because of the limited supply of btc and the increasing adoption rate. but of course we will not know about the price of BTC in the future and I as an investor only hope that the price of BTC will rise quickly.

The idea that Bitcoin will disappear is naive. BTC represents decentralized money, not only digital assets. You correctly predict the market's cyclicality and BTC's resiliency. Halvings and institutional interests like ETFs support post-bear price increases.

BTC's volatility and unpredictability should not be ignored. Its violent swings attract and frighten investors. The restricted supply argument is valid, yet market sentiment and external economic factors greatly impact its valuation. High-risk, high-reward game.

Investors expect price increases, but they must also expect turbulence. Regulations, technology, and global economic movements affect BTC's future, not just supply and usage. Understanding these aspects is as important as believing in BTC's inherent worth when betting on it.

Forget the pressure and forget about controlling the things that you have no control over it.
That's really going to give you pressure if you keep on thinking about it.
So, if you keep on thinking things about what if that you have no control, you're just like hitting yourself with your own rock.

op Don't think too much about bitcoin because if you only think about it after you trade something it will give you mental problems. So when you trade in Bitcoin you must trade with a calm mind. If you are too hasty in trading Bitcoin, you will make the wrong decision. So you trade with a calm mind by checking the market.

Predicting the future is not visible, with what I know is only God that says about the future, the future is unpredictable by humans, Bitcoin as a volatile asset can continue to rise but we should know that nothing is sure, but in this business, being sure of the continuous increment will be deceit on its own, naturally there are things you can't just be more certain about, as a businessman you should not always expect profit all the time because it is unusual for this to happen, there are a time of profit and time of loss is normal to occur, this is the reason we should be more careful about our so-called prediction, as bitcoiners we should be optimistic always.

Yes always risk as you can  ;)

This is why we need to do our research and know the fundamental before investing in Bitcoin and any other investment.  Every investment have risk but we can minimize it by knowing the current status of Bitcoin.


There is no wrong in understanding the what if since it often times the precautionary measure on dealing things.  We should always have reservation and a fail safe plan if our initial plan failed.



No one knows, we can speculate and it would not be considered a fact unless our speculation happens. 

Looking at the current price of Bitcoin, what more opportunity can there be? Because if we look at the market from the right perspective, Bitcoin has also turned its target towards Bull, and now Bitcoin only has to touch its heavy resistance, which is formed in the weekly time frame. After that, I think Bitcoin The way will be smooth to break your ex-ATH and make a new one. According to Analysist, Bitcoin may go up to 150k this time in a bull run.

So it means that now is a good time to buy because the price of Bitcoin is still low. If the bull run continues, there will be no further entry at the prices that are still there and before. Actually, due to two major events, Bitcoin is going to change history in 2023, and those events are Bitcoin ETF approval and halving next year. Which is why the big analysis believes that 2024 will be the year of the skyrocketing bitcoin price.

Trust me, you will never be able to get an answer that satisfies you, because no one can predict the future price of Bitcoin with 100% accuracy. I suggest you to invest in bitcoin using the DCA method, if you use the DCA method then I am sure you will not lose, remember that the DCA method is the best thing for bitcoin investors at the moment, when you use this method then you will not worry about how high the price of bitcoin or how low the price of bitcoin is, you just buy it consistently with the same amount of fiat money every week or month.

People who are new to Bitcoin and hesitating if you can profit is acceptable. It's normal to have that "what if". It's the same with us before, we are not sure if we can really profit with Bitcoin but happened now? The price is so high. That's why I'm telling you to put a trust in Bitcoin because there will be no price action that will go to a direction without retracement. So you can noticed if the price of Bitcoin is going down. Let's put in our mind that Bitcoin is not the same with other cryptocurrencies that have a high risk in your investment. If you're afraid, only invest in Bitcoin and wait until next year, let us see what will happen.

Bitcoin's performance has been generally positive recently. Bitcoin has again attracted attention with an increase of almost 120% since the beginning of the year. According to its technical analysis, oscillators are giving a buy signal. The Average Directional Index is 17.67 over 14 periods, indicating a trend strength.

Looking at the trend, Bitcoin shows a strong relationship with the moving averages. The Moving Average Rating is indicated as strong buy. Also, the price is trading close to the 52 week high. This could indicate a long term uptrend. However, the volatile nature of cryptocurrencies brings risks. The 34.500 Dollars support level and the 38.000 Dollars resistance level are important. Although the trend is pointing upwards, caution should be exercised in the market after the massive sell off in 2022. As we say goodbye to 2023, I can say that the change in the Bitcoin price is positive.

The future of Bitcoin is actually uncertain OP but it doesn't mean that we gonna think all about the negative, why not think about the positive as well? We can make market assumptions but I think we have to stop saying "what if and what if" because those words are just used by those who have no trust in Bitcoin and live full of uncertainties.

Though I can't say that Bitcoin has a bright future, however, I have the guts also to foresee that Bitcoin will grow and be adopted by most individuals.

It looks more like a bull trap. If this is the expected bull season this I need to admit history doesn't repeat itself this time. Historical data shows a possible one last major correction before the halving. This rally is supposed to give investors confidence that the bull run has started which it hasn't. At least this is what many experts are saying and the facts and data they brought forward are correct. Let's see how the market behaves in the next two months.

You have written enough but all what I will say is that bitcoin is meant for thick skin people who have strong mind and the confident to invest in bitcoin and still hodle it for years to come and not for the weak minded people who are always afraid. Yes bitcoin started the year with a good fortune and it ending the year with bigger surprise. 

Those who are thinking that they are making the wrong choice of investing in bitcoin should leave and let those who are ready invest in it. Because it is not everyone can do a business and become successful. And since bitcoin a digital currency which can be used to purchase things then if those people are selling things then they should accept bitcoin for the transaction.

That would provably end up if there's no more big price actions will happen to bitcoin in next couple of months. Many speculate that what we are experiencing now is the start of the bull run but they didn't even realize that hte latest happening could be a bull trap and manipulators just use their emotion so that they can take advantage on it then earn for their selves. That's why even if there's upcoming good event that will came we should still do more reaserch regarding on current happening since if they just locate those media sites for sure they can read more information about it and know that everything is possible either its good or bad on the ecosystem.

Lets really see on when would this current price rice would end up since to many speculators really love to see on what price does bitcoin can provably reach since many really want to earn and get hype by doing hodl on bitcoins or maybe even with other coins.

Yes, you should take as much risk as you can afford. It means investing as much as you can afford. Because Bitcoin is a high-volatility asset, it gives as much profit as it loses. Therefore, you should risk as much money as you have the courage to lose; otherwise, you will not be able to stay with Bitcion.

And I say that you want to take risks, but with thought and understanding, because as many good things as there are, it is only in exchange for risk. Come, guys, let's invest. The world took Bitcoin and left, and here we make lame excuses not to do it or not to buy it. These are all lame excuses; these people don't want to do anything in their lifr; they just talk.

I don't know what the next one could be in the next few days, but I am sure of one thing, if they gave me money to invest, I would not hesitate to buy Bitcoin, because it is the best investment in the whole world, it is what they say it can be the most valuable thing in your life, for me it is bitocin, because it is what can go up the fastest, it goes down the fastest but it is like wine, the older it is, the better it is, so the more the years pass, well it is plus the benefits that are obtained, and if you can wait 10 more years without touching it that is the best, but in days, even if the price drops, I would buy and I would buy happily because it is my life investment.

I am very happy to see your interest in Bitcoin. But keep in mind that Bitcoin investment is not without risk. It could be due to the volatility of Bitcoin or it could be due to not being able to securely use the wallet you are going to holding bitcoin. My intention is not to discourage Bitcoin investment, I mean that there are risks involved so a person should invest only as much as they can afford to lose.
Recently I saw a news that a person holding Bitcoin for 10 years lost his entire fund due to hacking. So I think that if Bitcoin is chosen as an investment, then definitely keep the risk issues in mind and invest that amount so that it does not put too much pressure on the current life. But there is no doubt that no other altcoin can offer better privacy, secure and long-term profits than Bitcoin when investing in the cryptocurrency world.

If you’re in doubt of investing not only to bitcoin but also with other assets, then take a pause. No one forces you to do so and you are more likely hyped by stories wherein investors made huge money from doing so. Much better is to invest first in knowledge and know what you are engaging yourself with, in order to avoid regrets at the end of the day. We know this technology’s potential however no one is certain of how will the market go, years after now. Given that some countries are still in doubt of its advantages, there would always be that risk.It will always be a 50-50 chance whether the market price would be corrected before the halving or it will just be playing to a high market price close to its ATH. The market before is different from the present which could create changes with the “pattern” we saw from the past.

That's right. It's also really hard to say due to the different ecomomic and geopolitical circumstances that we are under at this point in time, and where that's all expected to go.

A dip before the halving would be great, but the sentiment s showing so many demand drivers and I am surprised the price isn't already higher:
-etf news
-war
-halving leadup
-money devaluation/continued debasement
-troubling economic policy around the globe

A correction and another buying opportunity would always be nice though I think it's a bit too unlikely at this stage.

100% correct, another dip would be an amazing opportunity for bitcoiners to buy before the halving because for sure after the halving there's gonna be a bullish run, one like none we've ever experienced before. Every dip is an opportunity for every bitcoiners to prepare for a bullish trend. So what could be better than a dip before the halving? ;)

If we based on the current market position, I can say that bitcoin is bound to hit a new all time high before this year ends. But this is just a pure speculation since none of us really knows what's the future of bitcoin days and weeks from now. But one thing is certain, if the market will be full of consistent positive market factors that will affect the price of bitcoin, then for obvious reason, bitcoin will keep the price surging high until the end of the year.

However, since bitcoin is highly volatile, then we should be more open of its price pump and dump, and never expect for a consistent price increase. But whatever the condition of the market in the next following days, bitcoin will surely be in align with it.

What if… Bitcoin hits $1, what if… Bitcoin is now $30, what if… Bitcoin is now at $200… Breaking news Bitcoin is $1,000… $10,000… $20,000… what if this is the end?… Bitcoin is now $40,000… $50,000… Breaking news, new ATH; Bitcoin has risen over $60,000! Trust me, all this question will do is kill your time. Right from when Bitcoin was created, it had naysayers, it had those set of people who were saying “what if” but as you can see, it’s been over a decade and you can tell that Bitcoin’s root only gets deeper and deeper.

Influencers have said loads of things about BTC and many of what they have said didn't come through. I have decided to keep my slate open in anticipation of whatever comes. While you are busy with speculations, you miss the fun in the industry, just my way of going along with what comes.

Well, just to correct one part of this...I wouldn't expect something unlike anything we have seen before. If you look at past cycles, you will see that each time the returns are diminishing. While they are still significant, I wouldn't expect returns to be the same.

At the same time, the economic conditions are different. Institutional demand is also at another level. Average people are also taking things more seriously. These are possible reasons that it could be even more significant...though we should also realize that the market cap is much higher and therefore, these factors may just enable another successful bull cycle.

Only time will tell!

Fed raise interest rates, bitcoin price rises. Fed lowers interest rates, bitcoin price drops. Although it's not consistent but it follows a trend.

Don't get me wrong, Bitcoin is independent and is not connected to the global financial system in any way, but the recent rise is happening because more people are buying other assets and getting rid of their dollars in the process, and it's not only happening to Bitcoin but to the other illiquid assets as well. Some people said it's because of the ETF applications but that was a short-term hype.

The same happens when the reverse event occurs (i.e. interest rates are lowered), because it becomes cheaper to deal with cash again.

I am way ahead of you on that advice, I have 50% of my salary put into bitcoin no matter the prices, I know that even if I feel like I'm getting less value when I am buying right now, I still feel like I can get the profit because I am for the long-term in bitcoin so just hodling until I feel like selling is always going to be the best thing for me. I just hope that you're right about 40k being on the horizon, December can be a bad month too and if that is the case, we might see no recovery even until January because that is a particularly bad month for crypto.

Bitcoin is the number one coin in the cryptocurrency market which many industries, company, institution and individual are depends on Bitcoin, which is the driven force of cryptocurrency market is Bitcoin and it required information to make money ahead in the crypto market space.

Sure. People who still have the intention to buy Bitcoin and prepare their asset, will be happy with another dip. They will try to buy again and again, they will fill their bags as long as there is still enough time. But for people who already prepared their assets and no longer interested to buy, they won't care with another dip. They even may feel inpatient to see more dips, they surely expect the price of Bitcoin to skyrocket soon. So, not every Bitcoiner feels happy with another dip, it depends on their situation.

As that is smart decision, I had already put almost 70% of my total portfolio in the bitcoin, and I'm thinking of holding it for the next year when the bitcoin halving is there. Still I have much time to think of it,  but this was just my earning even that I had already earn from the same bitcoin which I had invested previously when bitcoin was about $20k then it also got a sudden pump and there I had invested and sold at a good price and also book my profit.


Also thinking of buying more if it comes below $30k but I didn't think it can fall below $30k. So, my opinion will be to store your 50% salary's amount in the bitcoin for a long term, don't try to rush on it.

These are the thoughts of people who may not be really familiar with Bitcoin or people who have negative thoughts about Bitcoin. Also, people who pretend to like Bitcoin but don't really believe in it.
Actually, it's simple. If you are still prejudiced by the various "what ifs" that you explained earlier, then don't invest in Bitcoin. Because however, there is still a high risk in Bitcoin, especially if we are not sure about this and it makes us easy to change our minds or panic every time Bitcoin experiences a price drop. This will be especially bad for your mental state.

However, for people who believe more in Bitcoin and have experience, and can manage risks and emotions so as to avoid panic, I am sure that if whatever happens to Bitcoin, no matter how bad the news is, they will believe, and will still continue to believe in Bitcoin that there will be It's time for Bitcoin to bounce back and rise again drastically.

And regarding the future which is of course uncertain and we all will not know how it will continue, then this will be beyond our expectations. We will never know what will happen in the future. Never mind about our investment in Bitcoin, our investment in various other things does not guarantee 100%, in fact we may not even reap the results of our investment because it could be that we are no longer in this world. So simply, if you are sure, keep investing, if not, stay away, because it will make you have a heavy burden. there is no zero-risk investment. As long as we can improve it, do it wisely

For sure the ETF applications did create a short-term hype but we all know that the impact of the ETF applications is far from short-term. Because when news breaks out about an ETF being rejected or approved by regulatory bodies, it can generate interest and speculations amongst Bitcoin investors which are going t be there for quite a long time. Let's assume an ETF is approved it sure would lead to increased buying activities and make Bitcoin more available and accessible to investors making the price to take a positive trend, and when an ETF is rejected, reverse might be the case and there would certainly be a decrease in market sentiments amongst investors and there is likely to be a dip in the price of Bitcoin because traders and investors market decisions are likely to be influenced by the news. And at this point this can't be considered to be a short-term hype.

Your view on Bitcoin is similar to a basic truth about investing: how you think about it matters. Not only the asset, but also how the investor feels about danger and uncertainty play a role. Bitcoin's volatility and rank as a pioneer show how much risk someone is willing to take and how much they believe in something. The "what ifs" are real, but they're also fun.

On the Bitcoin trip, its like surfing: skilled surfers can handle the waves, but beginners may have a hard time. What is the key? Figuring out the water, or in this case, how the market works. Managing your emotions and taking risks are very important. The future of Bitcoin? Uncertain, just like any other purchase. "If you're sure, jump in; if not, step back" are wise words. You have to know your boundaries, stand up for what you believe in, and follow your own rules. Remember that purchases are risky and there arent many sure things.

There is opportunity to double your investment from here but we should also keep the risks in mind. If you do not want lot of risks, you should stick with traditional investment options only.

We need to be prepared for the bull market that is coming so that we can utilize the opportunity for us to make money from the market.
The people that would make good profits from the market are those that already have Ben holding Bitcoin for so long before now.
Those that bought Bitcoin at a very low price will make huge profits from the market since they will be able to sell their holdings at a very high price making the difference to be high.

Traditional investment also has risks, so those who like to do it must also understand the risks involved. Because of the many investment models that I have seen, it seems that no investment is free from risk, so this causes investors to understand it first before carrying out it with their own intentions in a more mature manner. Opportunities to multiply investments and profits always exist in the market as long as the moment is right and you know how to take advantage of it.

What lies ahead for BTC are ups and downs or rising and falling op simply put. The same goes for literally every other cryptocurrency out there. Excluding stablecoins, this is how all cryptocurrencies usually behave.

BTC will never go back to 0 though and it will probably settle in between the $30K - $40K in the near future.

Yeah, obviously, another dip will be classical for Bitcoin enthusiasts or investors because everyone knows that Halvving comes up on the head and only lies ahead for a fews months. And another thing is also to be noted: the current sentiment also shows that the bull rally started, and according to expert's analyst, the Bitcoin price will be the stand-up and hold itself on above 36k to 37k and move sideways between 36k and 39k, or maybe be above.

So if we see Bitcoin from a price movement perspective, it is nearly in the hands of bulls, and the conclusion will be a massive gain in price. which fulfills the porpose of a goal-achiever. That is, those who are investors and are waiting for the bull to run in order to take their investment will achieve their goal (profit).

So the point of saying this is that the dip before the bull run is the real time of entry because, after that, you don't have to be patient and you get quick returns on your investment. And real investors also have the same thought: the moment I take the entry, after that, I get a straight-forward, huge correction.

Well, I agree. Since bitcoin is an unpredictable investment, anything can happen to it at any time. It is also an investment that takes time, so we should take it as it comes. If you own bitcoin, you are expected to be patient when things go wrong during a down market because, in my opinion, you are not capable of holding bitcoin during a down market. However, in regards to 2023, I don't think it will be like 2022 because this year's bull run looks different from 2022, When you hold bitcoin and something happens to you during the year you own it, you will also learn some lessons and come to the conclusion that bitcoin is an excellent investment.

No matter what people predict, nothing will go they way people will say it will happen. Everyone are saying the possible approval of the Bitcoin ETF, will increase the price, but something else can go wrong and that might push the Bitcoin price down.

It takes only one significant event to push the Bitcoin price down, because negative news has a bigger influence on the price, than positive news has. Let's say a major Exchange gets hacked or some government ban it again, like we saw with China.  ::)

No one can be absolutely sure about Bitcoin. What is going to happen next? However, this can be said with certainty. That Bitcoin and the people associated with it have a bright future.
However, experts predict the future on the basis of maps, graphs and their deep study and experience. And their predictions are quite effective and accurate. Now, however, 2023 is drawing to a close, and 2024 is pretty much what most people think. That this is a good year for people related to bitcoin and crypto.

    The adoption by a wider public and widespread acceptance by consumers as a viable form of money is a key point, which will mean overcoming the practical technical and regulatory challenges along with the lack of trust in issuing authorities and understanding how to use them. Their relative complexity compared to conventional currencies will likely deter most people, except for the technologically adept. The beal breakthrough of adoption of blockchain and cryptocurrency technologies is no shocker. Banking goes blockchain & crypto. This is a bit more shocking, for sure, as many thought that blockchain and crypto were done and gone forever. Nothing is further from the truth.
   The future of bitcoin and other crypto asset is certain, we have seen the potentials and at the verge of the bull run. XRP goes through the roof. This is the most controversial cryptocurrency prediction for 2021, and many won’t believe it until it happens…. but once it starts, XRP will move so fast that 99% will miss the opportunity … and find themselves chasing prices higher only to buy the top. Incase you are worried about what all these cryptocurrencies might be heading to, DON’T GIVE UP!!!

That will remain a question that no one can give a certain answer. Just wait until we'll cross that bridge, that's the only time we'll get an accurate answer.

Bitcoin is always uncertain due to its high volatility, and we all know that. The current price of bitcoin that is still in surge may not guarantee that bitcoin price will probably skyrocket at the end of the year. Bitcoin does not only follow a single path, and it does not move going up only but there will also come a time that the price will fall and will experience a sudden market decline.

However, I'm still optimistic that we will end this year having bitcoin in a positive position. And I think that's all we need when we are in an investment, we don't need to entertain the negative thoughts but focus on our goal, and that is to finally see bitcoin reaching its new all time high, even though the time when it will hit its new ATH remains uncertain.

No one actually knows what will bitcoin be like in the next days, will it remain positive or not until its year-end, that remains uncertain to all of us. But one thing is certain, if there are no negative factors that will affect and pull down the price of bitcoin, then obviously it will end this year with flying colors. However, if the opposite happens, then we will see a bearish price at the end of the year which for me is not new at all.

But for me, whether bitcoin will end up being bearish this year, that does not matter anymore as long as it has chances to rise again. Well, with regards to bitcoin, we all know how volatile it is, so it does not settle only into a lower and negative price, but it will always recover and reach a new all time high most especially that we are heading for a bitcoin halving by next year.

Recently, Bitcoin is not as affected by bad news as it used to be. This is due to the thought that the halving is approaching and the bull will come. So it is necessary to be prepared for every situation.

It could be what you say, or it could be the other way around. Everyone is guessing and saying something. The main thing is to stick to your own plan. I think that even if the price of Bitcoin decreases, it will increase again in a short time. I also think we are approaching a bull run.

It is better for Bitcoin to progress slowly and steadily. I want it to continue this way. Of course, Bitcoin will be affected by negative news, but I don't think it will have that big of an impact.

well you cannot just compare that like that because 2022 is still have some Epidemic effect and the world is still healing that time so yeah bitcoin might have good movement this year.
but not as good as what the end year brings that starts in November that the market is now making great days.

the importance is at least we are seeing some good chucks on prices this year .
the remaining weeks will be a growing season and specially next year that we are nearing halving .

IMO we all almost agree that no one will know what bitcoin will be like in the near future but are still very confident that bitcoin will continue to develop in a better direction in the future if we see the progress that has happened to bitcoin. So that in any case there will definitely be some things that happen but to bitcoin but we don't have to be confused by that because if our confidence in bitcoin is still very big for the future I don't think we need to be too bothered for now considering our goals remain for the future so all we need to do is keep the portopolio well and hold the assets we have, if necessary invest again with several methods such as DCA which has been done by most bitcoin investors.

Looking at it's past historical logs, yeah, most likely we will have a bright future. In the next months or so, we will experience block halving again, and from what we know this is a catalyst for a massive bull run and with that, we should be ready by it.

We can prepare ourselves by continuing to accumulate as much bitcoin as we can, it might not be 1 bitcoin, but at least stack sats before the halving time because we will see another all time high around 2025 and obviously our portfolio will grow and it could be a big return for us. We can't stress enough how to accumulate to DCA and there are many websites that can help us with that.

Bitcoin investment should be a nice choice of investment right now because come 2024 and 2025 I believe that the price of bitcoin can never fails to rise and that is while I do emphasise constantly in any discussion that have to do with bitcoin to be something I know very well that will make bitcoin to get to nice position, from my understanding in bitcoin in particular this is the correct time of investing in bitcoin due to the future Increment that we are expecting for the price to hit hundreds thousands after halving, so anyone who is investing in bitcoin right now is not mistaken

no one knows what will happen the next day, the day after and so on, but we can see that the Bitcoin price increase is quite good and being stuck at 37k$ is a good achievement in November. if it is allowed in 2025, BTC will move up again and for the bullrun itself I think achieving the new ATH will be difficult.

This won't be the end of bitcoin; in fact, I don't think it will crash the way it did in 2022. The price of bitcoin has been rising this year, and in the last few days, it has shown a good signs of continuing to rise. Before the end of the year, I think the price of bitcoin will rise even higher. If you decide to invest in bitcoin, you don't have to pay attention to all of these negative things; you can follow your own opinion because you already understand how bitcoin works and the risks involved. You choose to take the risks that you have been considering for your future, no one can predict bitcoin's future, but anyone who make the correct investments at the appropriate moment shouldn't worry.

The price of bitcoin has been moving between $30k and $40k for the past month, as you can see. This year's situation was different from last year, and you should have expected the result and know how to maintain it. I believe the price of bitcoin will rise over this before the year end.

The best we can do is to use historic data to project what the future will look like. Even though it did not turn out perfect that way but there will always be a form of resemblance to what has happened in the past. Bitcoin have been following a market cycle that is characterised by two seasons, which is bull and bear seasons.

Other things being equal, it is expected that from next year, we will begin to see a bull dominated market that will see the pride gained significantly. Like I said before, this is mere expectations,  the market will always do what it wants to do.

Well, everything seems to be surprising for us as nobody has even been there and see the future of Bitcoin. In fact, even in our life, we're still not sure about, how much more in Bitcoin that can't be predicted.
However, we are all optimistic about it and we believe that more adoption will happen in the future. As long as people still trust Bitcoin and still there is an internet, we can never see it will end as this is the only way it puts an end to, not the government.

Until now, no one knows what will happen in the market or in the future, to be honest. Just like others say, as long as there is an opportunity to accumulate crypto assets, we should save as much as we can.

If there is an extra purchase, use it, and at least we are sure that the savings we will make for the future will not be wasted. Because with every passing day, something can happen that surprises us all, whether it's positive or negative. Because that's what the unpredictable market does to the crypto business.

Seems like we're on a continuous upward trend thus far with no signs of stopping anytime soon. But there are predictions made by analysts stating that the market may fall back into correction in the following days or weeks since there's been no concrete support for the current price increase anyway, besides the brimming anticipation for the coming halving. In any case what we should concern ourselves about is not what the future holds for bitcoin, cause trends-wise times have been very great towards crypto albeit with a few hiccups here and there that couldn't really be avoided so to speak. In any case, what you should expect more about is either the market finally snapping back to reality, or an even more tremendous upboost in market value in the coming days.

Cryptocurrency market is not stable and we don't know about coming days but as we learned from investigation of experts so it is clear that Bull market is near so everyone should use method of DCA to collect the portion of bitcoin. Bitcoin accumulation is the only way to keep your money save and take advantage from halving therefore use your saved and extra amount to buy bitcoin on time.

Invested amount in Bitcoin cannot be destroyed because if someone is expert to wait longer then a time will come when you will be able to take benefit from your invested amount. Bitcoin is the hope of all holders of crypto therefore everyone will keep holding bitcoin as according to news there will be boosting event in 2024.

I'm more optimistic that bitcoin in the coming days will be more amazing and exciting. Probably because there are exciting events that we really look forward to happen because it will bring market positivity and will make Bitcoin price to skyrocket. The approval of bitcoin ETF and bitcoin halving are becoming imminent so people are really nervous and excited of what it will bring to the market, although we all know that it will bring welfare to the whole crypto coins in the market.

However, we should not also be too much confident about this as all we have are just market speculations and until we don't see these events happening in the market, our predictions and assumptions will remain not guaranteed and not proven.

I wasn't fully reliant on crypto investment as I also invest outside crypto but if we talk about investment here, no doubt that Bitcoin is still the most trusted coin. We don't need to think it twice and never think about the current situation because it has been proven already that Bitcoin has been growing since the day of its creation and it will continue to grow as its adoption keeps increasing. But of course, we never put all our money in Bitcoin, it was still the best option to invest on other platforms to gain assurance that our money was safe.

Last year, we were in a bear market so everything that happened was expected of the market to happen. Bitcoin decrease in price after the bull market has ended that we saw in 2021. Usually the next year after the bear market isn't always that bad because the market would be in a recovery phrase and most of the panic sellers would have already sold and left the market in the bear market year which was 2022. I expected this year to be better than last and so will other years to come until after Bitcoin halving and we get the main bull market that we'll see Bitcoin getting to a new ATH and also setting a new price milestone. Those that had second thoughts were probably newbies as those with experience would had been accumulating Bitcoin because they know the story will be different in the bull market.


One thing I can tell you is, Bitcoin block reward will be halving next year and that'll brings alot of positivity to the price of Bitcoin. Next year will also be more better than this year as alot of fomo will be coming to the market because of Bitcoin halving. Just to summarize, it'll say better days are ahead for Bitcoin. We have gone through the toughest days already (the bear market) and starting next year the market will be shifting from bear to bull. Alot of positive development will be coming that'll make investing in Bitcoin gain more attraction again.

I think being in a group with the same motive that brings about the same discussion is a good one, but that shouldn't affect your personal judgement of an asset. I think no one can actually predict the future. One needs to understand that bitcoin investment can never be at the same scale as Altcoins volatility because of demand and supply, which makes it more reliable. The "What if" question should prompt us to do more research about bitcoin to know the facts and not conclude about what others say about it because their information can be very wrong regardless of their qualifications. As we approach the halving of bitcoin, I think the surge in price will maintain the bullish trend. What do you think?

Currently, bitcoin is very bullish and if the market will be filled more with positive news and updates in the next days, then we can expect for bitcoin to skyrocket which mostly happens before the end of the year. So I guess the market will be very positive and bitcoin hodlers will benefit a lot most especially that we are now entering the merriest month of the year.

However, bitcoin can also give us the twist we never expect, that's how uncertain bitcoin is. The reason why we should always be updated with the market no matter how promising it is as it can turn into a roller coaster ride in just a blink of an eye.