We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/
Comparing bitcoin to some other stocks is doable, but I don't think it can be considered a good reason why someone should invest. I tend to expect someone to study bitcoin, how it works, as well as its the innovation before investing instead of comparing it to stocks, that seems reasonable. Stocks and bitcoin are of course different, so I think the behavior of investors and traders towards both assets will also be different.https://heartbitintro.oopy.io/
Exactly, my point, just as if you said what's in my mind, is that comparing bitcoin to another stock is not something we should do because how bitcoin's market moves is not the same as other stocks, and for someone to come and say this is how it will go today, tomorrow, next month, or next year, I think that person is just predicting, which may not be like that; we just get to know this based on the movement of how it’s been going since the existence of the currency, and that’s why we said 2024/2025 will be the next bitcoin halving.
However, bitcoin should not just be something someone will come and invest in at once; we need to study it well as well as how the market works, when to sell, and when to buy, because these are what affect some investors and make them panic when they see the market start declining. But knowing this and how it works, I believe they will know that is not a problem and that they will definitely get their money back with profit by leaving their coins there for a long time.
