Price acting great right now, maybe its the hype of the halvening on the horizon. Iam a sceptic but its not my job to ignore the public sentiment if it is positive then it can drive up the price easily. My basic take if each halvening has been half the effect or change of the last hence I now look around for greater factors to push us off the line either way up or down. Last time it was covid so quite obvious, I'm happy if we can keep heading higher 43.8k to beat for today's high.
All of this has happened in Bitcoin price lately and we canteen the fact that halves have contributed to the market sentiments for some obvious reasons and the one strong one among others is the fact that many Bitcoin investors and short-term market speculators will always find the current market situation as the best discount region for them, and the whole time they may have been waiting for the price to reach the discount level for them to stock up the holdings and filed their short term bags to offload when the market started rising.
All investors only wait for bear markets, trying to find the right time to invest. But the opportunity to invest in Bitcoin came last January as Bitcoin stalled at 38K after falling from 48K. But now again bitcoin price has increased to 43k. This is why it is possible to know when Bitcoin price is moving lower and higher and it is the right time to invest. With only 77 days left until the halving, now is the perfect time to invest in Bitcoin.
dont generalized the market saying ALL INVESTORS because there are other investors that does not care about if it is Bear or Bull market but they will buy when they are comfortable and has that funds to invest with specially those whom we called HODLERS or the real one , because they will accumulate as long as there are available funds to buy on.
One should consider this down price as a golden opportunity because now price will go higher and higher so If someone have no bitcoin yet can easily obtain it although the price is not so lower as it is 42k$ but still it is affordable as compared to the price during halving.
Timing , that is what crypto people mut completely understand and this is the right timing to buy and keep for accumulating.
One should choose bitcoin first and also investment in some top altcoins can offer you greater access to huge money but for it you must have deep information about coin's whitepaper and roadmap information.
top altcoins will , and try to prevent from choosing new projects because of the more risk being scam.
Numerous coins are here which can attain further achievement but people fail to choose them because they rushes towards cheap new coins which fails to go higher.
exactly and what is the reason? the GREEDY attitude , and they deserve to fail if that is their character .