
I couldn't help it but feel alll... sooo... excited about this bullish momentum of Bitcoin as it is trying to get passed with its 38K dollars resistance point at this current time. However it would not be long and BTC would break-out and might even surpass its all-time high price of nearly 70K especially and I mean especially now that rumors of ETF approval is near and it could get approved next year in the month of January or so. What it means that more big players will be able to basically buy BTC with their hundreds of millions if not billions of funds and that will effective make the value of BITC to soar lie it was doing ever since its inception and making higher highs of its value. What is good is that if you buy earlier which is now, then you are up to doubling your investment money because of the halving event plus the Bitcoin ETF (hopefully) and making the value of Bitcoin to even soar more than our expectations as it did from its last Bull run on February 2021 in which could have happened much earlier because the CoViD issue is still a big thing back then.

The scare of the CoViD literally put a dent on the charts where the price went straight down to around $3,500 which had made people believe that it was the end of crypto in general. Personally it also had scared me a lot because I am only relying on my earning through this wonderful realm that I never had thought that will appear in my life although it was too little too late for saving my physical body from the complications brought about by my medical issue. However, I am more than grateful and thankful to God that I was able to manage my health because I have already funds to use to patch-up my needs as stated. Well, coming back to the CoViD scare, it is really a great time to buy but the psychology of buying where everything was dumping was so great that most people would say, "Do not buy now it will dip some more". But many people too just bought up with some or all of their funds because of their strong belief of the fundamentals of Bitcoin. Those people are wise and wise enough to really control their emotions and they are one of the winners of this psychological aspect of when to buy in and sell-out.

I like the fact that BTC has reached this level of price, being "stable" at around 36K to 37K and actually trying to surpass 38K as its current resistance levels. But it will soon be able to reach that price and surpass it and thereby pushing their altcoins to their own corresponding price point. It is what is amazing with BTC as you can see or research a bit about it because it will help you with how to place your trades and thus giving you the most gain which is really fantastic.


Upvoted! Thank you for supporting witness @jswit.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit