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Bitcoin Forum / Re: What do you think will be the future of Bitcoin?
« on: March 24, 2024, 05:24:46 PM »The bitcoin ETF was very influential in increasing the price of bitcoin until it reached $73K, and that's a fact. The problem is now there is a correction and the price of bitcoin has fallen to $68K. But this is only the correlation before the halving, because we will see a correction after the bitcoin halving.Hopefully what you say is true because if you look at yesterday there were a lot of people trapped in bitcoin when the price touched a new ATH, and the price of bitcoin can return to $73k after that traders who are stuck at high prices can immediately sell their assets and prepare some the correction will happen again and buy bitcoin when the price is cheap during the bearish season.
We should buy bitcoin in 2022 or early 2023 where the price is still low, if we buy when it has touched the new ATH, it will feel too bold. It's best to buy potential altcoins and don't add bitcoin if you don't want to be trapped at high prices and cause panic.