I cam see that is only the old traders and investors that can see the great future Bitcoin has for everyone who are ready to embrace it and adoption without.ind if the market is bear or not. The market always come with different opportunity for everyone to partake in buy sometimes those who do not how tge future will be or the great opportunity the future will bring will always fall aside in the wrong lane following the ignorant ones.
Holding Bitcoin is what we should be doing now than waiting for the market to stay the bull run before we will join the race. The market is big enough to make us rich.
Holding Bitcoin is one of my ultimate target and I can't quite now, when I know fully well that it will make a bull run up to $100k as predicted long before this time, although it still have chances of going below $8k, the moment it enter that price level, we should just bear in mind that it will give some traders new opportunities to bagged more while the ones that enter at early stage, will be at big loss, so the best thing for them is to triggered the sell price and wait for it to hit their choices of entry before bagging it again. The market currently facing bear season and let's just give it time.
I think it is very exaggerated that the price drops to 8000$. look at the chart, the support that is at 18000$ is very strong and the price is being traded on the side, that is, it is being traded between 8000 to 20000$. and it shows no sign of a drop to 8000, on the contrary the price may be accumulating in that 18000 to 20,000 zone for some or a long time until it gains a big momentum and starts to go up a lot, the biggest problem currently that is not making the price go up a lot and the financial crisis because of the war in ukraine, I believe that buying a lot now and being patient and selling in a few years can bring good profits
What better time would it be to buy than buying in a bear market.
It is true that this is a good opportunity to buy bitcoin, but people need to be aware that this current price can remain for many years, nothing guarantees that the price will increase much, especially if this war in ukraine goes on for a long time then the financial crisis it will only get worse and the price of bitcoin will also be affected