Currently, the price of Bitcoin is at 80,000 US dollars, which I think is a good price considering what we have seen in the last few months, where the Bitcoin price dropped to $70,000, and this time, even though some of the countries are in war, Bitcoin is still going up slowly and gradually. A lot of institutional investors are investing in Bitcoin, and I believe that is going to be the long-term, so the future of Bitcoin is still great; however, we just can't think about short-term investing in this asset class.
It may not be a good idea to invest on the Bitcoin for a short term because this market is highly volatile and sometimes in the short term holding periods is very low for the investor and that's if something does not go well then the person has to sell off and book losses which is not a good strategy I believe However if you have the long term vision you can easily avoid this situation since you know that you can hold it.
from this price point of view I can't say whether it is going to make 100K next few months but it is one thing that very clear which is that the Bitcoin will surely make 100K and in next few years it is going to make another all time high price so it is very important that what is your goal and how long can you hold it in your portfolio.
somebody who sold the Bitcoin at 125K US dollars could have doubled it because the price was down to 65K and even lower than that for some point of time But obviously since we don't know how the market is going to behave so it is not really easy for us to sell off and book profit but it's fine because as long as we are invested and have long term vision things are going to be good and pretty much profitable.
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