We are not yet sure if the bear market is over ,there has been a lot of predictions that the next bull run should be something that would take place in 2024 which is when the next halving is going to take place. So most of us are looking forward to that time.
In the case of predicting the future (expecting a bull run in 2024 is just that), certain inaccuracies can arise. I mean, don't rely on halving alone as the main catalyst for the rise of bitcoin. The year of new ATHs can easily shift due to the influence of various factors, such as economic or geopolitical ones. In your forecasts, you should take into account the likelihood that your investment in bitcoin will bring your good profit a little later than you expect. It is indisputable that as a rule, in the case of bitcoin, this happened sooner or later.
And I also read another prediction as of recent which was saying that the bear trend might continue, and that Bitcoin might even drop 50% and reach the price of $15,000. With that said, it’s still not a bad idea to invest in Bitcoin, because we all would be investing at a lower rate. Even if you invest in this current price of $30,000, or the price happens to reach $15,000 and you invest then, you are still going to benefit from it in the future when the price starts to increase again.
Bitcoin purchase price determines how long you have to wait for your investment to return. For $30,000 purchases, this may take longer. But like $15,000 or $30,000, in the long run, the investment returns with a profit.