Sailesh
@saileshmax
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At one point, it was really hard to see the market going up. Just think of mid- to late 2022, how bad was the sentiment in those days?
Regardless of the sentiment and market conditions, the whales started to buy and now Bitcoin is trading above 100K. The same is true in reverse.
Consider how good and exciting will be the market conditions in several months. Still, people, corporations, whales, exchanges and institutions will take profits at some point, and the cycle repeats.
The cycles will continue to unravel.
The market never moves straight down nor forever down.
The market never moves straight up nor forever up.
It cycles through night and day, green and red, bear and bull, positive and negative, the moon and the sun. Good and bad, pain and pleasure. Hate and love.
This bull-market is going to be great, but remember, you cannot win if you don't take profits. The way to maximize profits is to plan ahead.
Set some targets, set some goals and stick to them. 0 reply
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Bitcoin: $150,000, $186,000 Or $500,000 In 2025?🙄🤔
$BTC
—Bitcoin's All-Time High in 2017 was $20,000.
$20,000 X 1.618 = 32,360
$32,360 + $20,000 = $52,360
$52,360 + Inflation = ~$64,000.
—Bitcoin's All-Time High in April was $64,000.
$64,000 X 1.618 = 103552
$103,552 + $64,000 = $167,552
$167,552 + Inflation = ~$190,000.
(1) Bitcoin's All-Time High standard potential in 2025 based on previous cycles stands around $190,000.
(2) Bitcoin's All-Time High potential in 2025 based on the March 2024 high price and the August 2024 low, stands at either $138,004 and $162,554. Notice that $162,554 is very close to the $167,552 based on previous cycles. This is a strong level. We would still need to add inflation which would give us a minimum of $160,000+ (190,000 to 220,000). 0 reply
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