Navigating the 2024 Crypto Wave: Insights, Predictions, and Analysis

At the moment this year is going well for me, only a few days have passed but still, it is going on normally, there is nothing special nor is this year very sad at the moment. This year is going to be very good for cryptocurrency as we all know because BTC halving is going to happen after a few months. And here's the big news it's going to change a lot of things and it's going to make a difference to a lot of people and most of the things that are connected to cryptocurrency are going to have a lot of impact. Bitcoin ETF is also about to be launched so what happens right now we can only guess but when we come face to face with you only then we will know what difference it will make.

I am very bullish about this year. All the crypto investors and those who are just in crypto are very much worried about this year because the BTC price also halving almost every 4 years this year is very important for everyone and this year the pump of BTC is very high. The chances of this happening are quite high and we have been seeing signs for a few months now, let's see what happens next. Many mining companies have also purchased a lot of hardware because after that the mining price of BTC will also be decreased out for miners, all the miners want to collect as many rewards as possible before the next halving. Let's see what happens, only time will tell.

I am very positive about crypto because I have been here for almost a few years and have a fair understanding of the market. Sometimes I earn profits with small pumps and the amount is not that much, but still, I am very positive about crypto. The past few years have not been so good for cryptocurrency, but still, if you are a regular investor then the last few years would have been very good for you because you would have got to buy many things at very low prices if you were doing DCA. In the last few years, perhaps your profit might have become much better because in the last few years, the price of BTC had increased by a lot and now you can see that it is around 43K USD. Still, some people are saying that it may go down to maybe 40 or even below for the retest (as per many online users). Let's see what happens. If it happens then we will know and it is very important to retest because if BTC will not retest again. And if this pumping continues, even though it will go up now, it can also come down, I have seen this with many coins in the last few weeks.

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I don't invest so heavily but nowadays I am learning to analyze the charts and also read the news. Sometimes people sell things due to sentiment or even based on news and then find out later. It turns out that all that was fake news. A few months ago fake news gave a huge boost to BTC and people got a lot of hope from it. If fake news can do that then if in reality ETFs are approved think of BTC. Where will the price go? Many people here believe that the price of BTC will go to 100k USD by 2025. To tell the truth, I have been doing DCA on BTC for the last few months and till now I have not made much profit but if BTC pumps more then maybe I will make some profit and I will convert the profit and transfer it to Hive. Or I will put it in HBD savings, which is a much better option according to me. What are your plans and what do you think about this?

see you in the next post. Keep learning and keep exploring...

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Translated via Google Translator, The content is original.

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