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The price of Bitcoin has become stable, so the question is whether Bitcoin will go up further or market will be crash ....
Above screenshot taken from Binance app
There is no need to worry, according to my calculations, prediction, Bitcoin will go higher because it has entered the second phase of the market as you can see in above graph, this is one day graph of Bitcoin, the current price of BTC is $54747. This is my advice, I am not an expert, I just do research and am telling you accordingly. Bitcoin is a key assets of today's crypto market, As price of the Bitcoin is lower than it's all time high,it still has growns higher than the previous year, still it is facing loss nearly about 26% as compared to it's all time high price.
The year 2024 began with great level for all crypto currency and also for crypto enthusiasts,Bitcoin even rise an average of 0.41 in the month of July at the price of $31,000 in year 2023. But the crypto market is totally unpredictable, but whatever as the holder of bitcoin, 'm happy to see immense recovery at the beginning of the year 2024, with BTC rising at good levels. At the beginning of this year, Jan. 3, 2024, BTC price was at $45,203. Yes bitcoin is performing uncommentable and amazing as it rises high as unexpectedly at price of $50,107 nearly in the mid of February for the first time since December 2021.
this year 2024, will be a year for Bitcoin’s halving event. The Bitcoin halving event happens every four years in which BTC rewards to its miners are cut by 50%, (the miner’s payout will be reduced to 3.125 BTC). This event is usually viewed as positive for Bitcoin’s price, as it helps in contracting supply
well this is the highway of Bitcoin, don't think that it will come to this level, don't worry at all, just hold your coins, this is the rule of cryptocurrency, if it goes high, it will come to low, but when it comes to low, do not sell out your coins because it will go higher than high just patiently hold it for long term. Still i cab say that the future of Bitcoin is unknown, crypto experts are cautious about each and every move of bitcoin. The alt coins are performing amazing, great opportunity for the altcoin holders too, 'm not any expert in crypto currency but i can say that 2024 will be going to be the amazing year for the crypto investors, hold your coins, Just hold on to your coins and don't think that it is high now, don't sell it quickly because it will go even higher in future, so my advice not to sell any of your coins in bull market.
Friends participate in ongoing Febuary initiative by @leo.tasks , you don't have to think about the topic to make the post, make a content according to inleo Febuary calendar given below....
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Initiative: February Monthly prompt