hello, all my friends... now the price of bitcoin has increased quite a lot... and now bitcoin is in the range of 27000.
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...
I think no one can guarantee what the price of Bitcoin will be tomorrow. So here it is very difficult to say when Bitcoin will touch 50k. I will tell you that don't panic too much that it has to be sold, the market is actually showing green signals that the market is slowly starting to recover. But even in these ups and downs are seen suddenly the market has started to be mild downs again, but you don't despair thinking that you won't touch 50k again. According to me 50k bitcoin touch this year will be a little hard because it is the beginning of second Q and here bitcoin has backed a bit in downish market, if bitcoin continues like this I think bitcoin will stay around 40k this year. And if he touches 50k it will be the very end of the year.
and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?
Before giving my opinion, I want to know from you what kind of trading you are actually doing, I will tell you to take long-term strategy. Then you don't have to be so afraid, you can take a strategy from 2024 to 2025. I hope Bitcoin will be 50k plus by then.And for now I would say keep investing, but take a DCA strategy as per your affordability.