1
Cryptocurrency Trading / Re: Bitcoin Hit $70k For First Time.
« on: May 21, 2024, 11:52:19 PM »Bitcoin once again reached $72,000. But currently re-pumping is definitely following our bull market. Many thought that the market would not recover by 2024, and many thought that the market would reach $100,000 by 2024. But the current re-pumping has got everyone very excited. At the moment I am recovering my investment again in profit but I hope that I will get more success in my investment soon. So you can never lose patience in investing, you must be patient, if you can be patient, you will definitely see profit.To return to the price of $70k of course I doubt it because currently the price of bitcoin is at $63k and it seems like the price of bitcoin will stabilize at that price as long as there is no bad news attacking bitcoin then bitcoin will remain at around $63k.
Actually all the time news does not alter the rate of bitcoin but sometimes there are also other reasons due to which the price of Bitcoin changes. We will just share our predictions about price but we are not such an expert to find out an accurate price dump and pump limits.
70k$ will take time to reach but we don't see the positive effects of halving yet so we have to wait for it and according to estimation we will see a huge pump once more that will be the effects of halving. Bitcoin cannot remain at a single worth so be ready for more fluctuations and take the rewards whenever you find a better duration.