Bitcoin has been making headlines with its recent price rally. Despite the release of hot PCE (Personal Consumption Expenditures) data and growing speculations of an upcoming rate hike, Bitcoin has managed to approach the $27,000 mark during the previous months. However, it has faced resistance below the $26400 level, primarily influenced by concerns over the debt ceiling.



The debt ceiling concerns have influenced Bitcoin's price movement. The debt ceiling refers to the maximum amount of debt the U.S. government can legally borrow. The recent political debates and negotiations about raising the debt ceiling have created uncertainty in the financial markets, including cryptocurrency.

As investors seek stability during uncertain times, Bitcoin's price has experienced some downward pressure, with support levels around $26400 as a key resistance. The correlation between Bitcoin and traditional financial markets is a significant factor to consider, as market participants closely monitor developments on the debt ceiling issue.


This Topic is created to examine the Bitcoin's performance and explores market dynamics as a result of the debt ceiling concern

Generally, most people sees Bitcoin as being of high risk , meanwhile, others tend to disagree with the fact of being risky.

Bitcoin can be understood from different angles on how it will become beneficial to one. Either as a store of value(So as to avoid taxes), Investment or means of payment.

I believe there are a lot of different ways to invest your time and money, with a little work and the right teacher, one can easily invest in bitcoin.

In a case where some persons tag Bitcoin as being Risky(Yes it is), I have experience losses because I lacked those vital principles one should understand even before investing. Also knowing when to sale out my investments for profit, permit me to say more of a paper hand(panick and sell when price is down) and this should not be encouraged.

This forum has helped me very extensively on different levels, knowing when to buy, how to buy and wallet much safer to store my investments.
Being on this forum has helped me a lot I now know how not to fall for scams and by foolishly Linking my investment wallet for Airdrops or giveaways.
This is believing... Knowledge is wealth

I just dey go through the Bitcoin forum discussion (Meta) I come see one of our senior man for this forum him send application for merit source on behalf of the Nigerian local board. I want bring am to some people notice wey never dey informed.
Wetin come surprise me be say the kind support the community dey give this our senior man by name @Igebotz dey sweet cos everyone dey in support and I sure no be only our local board members.
Normally with everything him submit for the application dey 100% correct and no doubt from any angle, now I don understand say e dey really pay when we dey always abide by the forum rules and regulations.
This na the link to the application… https://bitcointalk.org/index.php?topic=5462533.msg62664902#msg62664902
We pray say very soon dey go give positive feedback to this our senior man application.

As a newbie on this forum, for some days now I have been going through threads, reading and trying to understand and getting better knowledge on every single one of them
In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?

E get wetin  I want make we talk am for this our local board, I want know this faith we get for bitcoin wey make us come together for this forum.
I want know with the way things dey happen now if bitcoin go still pass down to our generation. Imagine bitcoin from 60k$(+)  come fall down to 15k$ now e don come up to about 30k$, with this thing wey eye don see e sure if others go come carry there money buy bitcoin, I don see many people wey dey compare Bitcoin and Real estate dem dey already conclude say bitcoin go crash one day but us wey dey here no dey see am like something wey go crash anytime.
Abeg make we come talk am wetin we fit do wey go make bitcoin more popular wey be say e fit pass down to our coming generation
Nevertheless, the next generation's open-mindedness and adaptability to technological advancements will play a crucial role in shaping the future of Bitcoin and its impact on our world.

I go like hear wetin everybody get to say...