base on my opinion yes there is a great chance it will go up by the end of the year considering the fact theres a lot of institutional investors jumping in the past few weeks, but there is a low possibility of going down, so you really have to do some research on your own and analize the market.
Even if it does not go up immediately or before the end of the year, one way or the other it would go up no matter how long it takes. Market comes in 2 cycles, and right now the bears are in control with the bulls currently trying to fight back and it is how this fight ends that would determine how things eventually turn out or how they end up not turning out as the case may be. Considering though that a lot of institutional investors are popping in, we are seeing some pretty good news in the market, I believe at this point, people should get used to the fact that buying into this market now would not be a bad idea.
I think the price of Bitcoin will still rise, but I can't give you the exact time. I think the bitcoin is waiting for the approval of the ETF!
There is actually nothing to think about that, this is something that would end up happening eventually. No one can give a specific time or possibility of when this might happen, but one way or the other, we just have to be patient. We are seeing a lot of improvements lately, with the institutions wanting to be a part of this ecosystem and coming up with their own ways of doing things, Fidelity helping hedge funds and so on and so forth. These are great developments and if people are not really getting to see that the future id great, I wonder what they are seeing then. One thing I know for sure is that, it is worth waiting for.
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