Given the fact that BTC has almost finished (if not already) its bull run for this cycle, i've made a my humble prediction of what to expect from the price long term.... The cycles could happen faster or slower, no one can predict such things. The point i am trying to make here is that we shouldn't expect to much from it. Expectations that it will go above 200k in this cycle are absurd and i don't want retail investors to get racked by thinking that. BTC investment is for a long term and not to just make a quick buck from it. By the year 2030-35 we could definitely see prices above 500k per BTC, maybe close to a million, who knows. Prices will became more stable and that is one of the thinks why institutional money is waiting for.
If you are thinking of investing in it, now it is simply not the right time. Mainstream media will always try to lure you to invest at the top and sell at the bottom with one scary news. Some thinks never change in this market and that is one of those thinks. Be well.
I am not a financial advisor, so non of this should be taken as a financial advise. I could be very wrong about all of this, even though i am in this space for a while now.
BTCUSD
If you are thinking of investing in it, now it is simply not the right time. Mainstream media will always try to lure you to invest at the top and sell at the bottom with one scary news. Some thinks never change in this market and that is one of those thinks. Be well.
I am not a financial advisor, so non of this should be taken as a financial advise. I could be very wrong about all of this, even though i am in this space for a while now.
BTCUSD