For most investors the question uppermost in their minds must be “How high will Bitcoin go?” This is the hardest money asset on the planet, so surely a few multiples of the current price should be in order before Bitcoin falls into its customary year-long bear market?
Current Bitcoin price action is par for the course
As things currently stand, holding Bitcoin cannot be much fun. If you are an investor who jumped onto the Bitcoin bandwagon when the king of the cryptocurrencies was around its high of $73,600, you have watched it go sideways for about two and a half months so far.
However, this period of consolidation and accumulation is par for the course, and the case for Bitcoin moving upwards at some point in the near future is a reasonably solid one. The current price of just over $68,000 is only about 8% from the all-time high, and breaking this and confirming above will be the signal that Bitcoin is going to go higher.
When the price breaks above an all-time high
We współpracy z: https://cryptodaily.co.uk/2024/05/how-high-will-bitcoin-go
