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Author Topic: Afta excitement, reality go set in  (Read 231 times)
cocadalcan
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February 26, 2024, 07:57:19 AM
 #21

Make we wise up and learn from our elders take advantage of this bull market to secure better financial standing for ourselves specially as dem don talk say we fit enter bearish period for 2026–2027. Bitcoin dey hover around $50k dey cause excitement, but make we remember say celebration dey for those wey hold coins. Analysts dey suggest say if e fit stabilize above $51k e fit be the beginning of the bull run, and with signs wey dey point to potential spikes up to $120k or even $150k there still dey plenty room for growth.
Gormicsta
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February 26, 2024, 03:07:11 PM
 #22

Good advice.

Most analysts dem talk sey once Bitcoin cross $51k and stabilize above am, bull run don start be dat. But for someone like me, na last quarters of 2023 bull run start for my eyes.
If you should take a look at it very well, bullrun started in January 1st 2023. At the time, bitcoin was around $16500, 10 months were green candles while just two months with red candles which were even mild. Bitcoin got to $44700 in December 2023. Just that the bull run has continued this year.
That could be true but only at some point.
The market indeed had a very nice run up from January to December of last year, but I'd say the actual bull run started in March 2020 when the COVID-19 lockdowns started, that was the same time the Fed started pumping money into the economy. Prices went up and down a few times during that period, but if we observed very well, we'd see that the trend was mostly upward. But the question should be whether the trend that started in 2020  is still the same as the one now or if we've entered another bull run altogether.
Mpamaegbu (OP)
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February 28, 2024, 09:59:36 AM
Last edit: February 28, 2024, 06:39:59 PM by Mpamaegbu
 #23

Grandpa General and Pathfinder Bitcoin don do more than $3k increase in less than 24hrs today and nearly touched $60k. E stopped around $59,500 but I believe e go touch $60k b4 night come. Na im be sey d genge movie don start be dat. These big boys putting in money now for dis space when halving neva reach tells me somethin great is coming. If una see dump at $60k, nor panic. Na psychological level be dat.

Edited: D thing touched $63,636 today oh according to intel wey I get from Coingecko few hours afta I throw dat above comment. On Binance chart d thing actually touched $64k. We dey here dey wait anyhow wey e be.

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