For some time now I have been seeing the price of bitcoin fluctuate between $30k to $40k.If it is stable,I think it is possible to make a good profit.But, I wonder if the price of Bitcoin will suddenly go below $30k then many people will lose money and if it goes above $40k, I think it's possible to make a huge profit.
What are you thinking about this?
The price looks stable now because the price does not increase so high or decrease so low. And I think we can enjoy this moment to buy low and sell high, which can give us a profit, although the profit itself will not be too big. But I am sure that sooner or later, the bitcoin price will start the rally and will be back to $40k and it will break the high price.
This year, we will have a chance to see the next ATH after $41k, and the opportunity to see that will be wide open. So if you want to make a big profit, you should prepare from now on and not be late to buy bitcoin while the price is still low. You should be ready if the price is down this week because there is no guarantee for the price to stay stable as now, and the price will be up and down many times.