Bitcoin price hit a new ATH again at $107,500+ and I am happy to see my friend h

[FortuneFollower]

Maybe not in 2024, but the price could go towards those levels on the long run, with something like 2025 could see the peak as well. I can see why those things could be a little different from each other but we are dealing with a much larger and different approach here.

Now, I believe that Bitcoin will not make its price too high like this, but I am not pessimistic. I am optimistic and if we look at Bitcion yearly candles, this year is very bullish.

Lowest: $36,186
Highest: $114,666
Current: $93,320

If Bitcoin closes this year around $90,000, it has a very good year, with lowest price below $40,000 and close price about $90,000, its ROI only in this year is more than 100%.

2025 is the year we are going to see most of the action above $100k.
As they say - use the dip.

[Jating]

Maybe not in 2024, but the price could go towards those levels on the long run, with something like 2025 could see the peak as well. I can see why those things could be a little different from each other but we are dealing with a much larger and different approach here.

Now, I believe that Bitcoin will not make its price too high like this, but I am not pessimistic. I am optimistic and if we look at Bitcion yearly candles, this year is very bullish.

Lowest: $36,186
Highest: $114,666
Current: $93,320

If Bitcoin closes this year around $90,000, it has a very good year, with lowest price below $40,000 and close price about $90,000, its ROI only in this year is more than 100%.

Yes, but it's better to stay at least in the $100k range before the end of the year,



https://www.coinglass.com/today

So that we can keep our momentum entering 2025 and with Trump's inauguration early next year, we are going to see another pump as this is highly anticipated event. So at least $100k end of the year and then we will work from their and maybe push another all time high in January.

[Kavelj22]

Bitcoin is a very volatile process. No one can accurately say whether the price it is going to be at today will be the same price tomorrow. No matter how close a friend I am at work, I don't tell anyone to invest in Bitcoin. If the price they bought it at today drops tomorrow, they will think I cheated them. I cheated them out of their money. In that case, I will fail to convince them that if they hold it for a long time, its price will increase much, much more.

Bitcoin price is experiencing a noticeable decline in its performance as the end of 2024 approaches, after it had been in a continuous recovery since early last November.

Factors contributing to Bitcoin’s current decline are mounting, including expectations of a slowdown in the pace of interest rate cuts by the US Federal Reserve in 2025. This slowdown has had a significant impact on the cryptocurrency market, as it has dampened speculation that had been sparked by US President-elect Donald Trump’s promise to ease regulatory restrictions on cryptocurrencies. Trump has also expressed his support for the idea of ​​creating a “national Bitcoin reserve,” reflecting the growing optimism in the cryptocurrency market.

[COBRAS]

I think bitcoin live in hes own "universe" hes lifetime not depend from supply or demand, price maybe up , down, but will be new highs after...

[Outhue]

I could shit my pants if my friend invested $90,000 on Bitcoin, let's say that Bitcoin already made its top at $107,000 and later we start going down how will your friends feel if they failed to secure that 17% gain thinking it is still a small gain, your topic look more like a promised one and you claimed they understand? Only time will tell.

I hope that Bitcoin will go a bit higher before it gassed out, but don't ever give promise when advising people about investments, because as good as Bitcoin is nothing is still guaranteed, tell them about the bad side of investing.

Price actions is what makes people feel good or bad, entry points and profit taking is very crucial, many people will get rekt in the near future.

[2Pizza410000BTC]

During the Bitcoin pumping you explained Bitcoin to your two friends and they may have agreed to invest after hearing the explanation of Bitcoin. If they had invested $90,000, then when Bitcoin reached $108,000, they made a lot of profit and they were very happy. But now that the price of Bitcoin is slightly dumping, your friends' investment has lost a lot of profit. Maybe your friends are not very happy with the current market, but you need to explain to them about the volatility of the Bitcoin market.

If your two friends can accept the volatility of Bitcoin and hold on for the long term, they will definitely be happier in a few years because we can see the price of Bitcoin at a much higher level very soon. I always wish your friends success in their investments and finally I would like to say that to keep their Bitcoin investment safe, they must tell their wallet seed to be safe.