The last couple of days have been good in the Crypto market. The price of BTC has moved up and it's also broken the strong resistance of 32500$. Is this the beginning or yet we will see some downward trends.
The analyst did predict that the last quarter of this year will see some price surge in the cryptos and so has it happened. So, if we go with the same theories then by the next BTC halving event which is in April 2024, the price of BTC may again be at around 50K$ or even more. And along with BTC price of all the Alt coins will also move up.
As of now BTC has moved up but along with it the Alt coins have not moved with the same speed and possibly that will take some time, but yes it will surely follow. After a long lull period it's nice to see some action in the market. That is for sure that the Bull run has already started and from here on the next 1 and a half year we will see a good growth in the price of the BTC, but along the way surely there will be swings.
I have never believed in playing around with short-term buying and selling. I will wait for a decent price to sell off and book some profits from this cycle. Last cycle I let it pass, I did not sell anything, but again that was a mistake. I should have sold and then bought back at the dip. There is always a learning from each cycle. Hopefully this time I will not make the same mistakes.
All crypto lovers are in happy mood now with this change and I am also looking forward to seeing good prices of the Alt coins as well in this bull run.
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