Currently the price of Bitcoin is $61.9 thousand, the F & G Index has reached 86, which means the market has reached the level of extreme greed, but is this the right moment to sell Btc.
However, on the other hand, we also have to consider other factors such as bullish sentiment, enthusiasm, etc. which increase ahead of the halving event. Many experts predict that Btc price will surpass the previous (2021) ATH of $68.80, but the upward trajectory will not stop and I predict it will reach $85K in 2024.
The increase in Bitcoin prices was supported by several factors such as: The role of the Bitcoin ETF, ahead of the Bitcoin halving in April 2024, the acquisition of Bitcoin by Microstrategy, the decline in the value of the USD.
However, on the other hand, we also have to consider other factors such as bullish sentiment, enthusiasm, etc. which increase ahead of the halving event. Many experts predict that Btc price will surpass the previous (2021) ATH of $68.80, but the upward trajectory will not stop and I predict it will reach $85K in 2024.
The increase in Bitcoin prices was supported by several factors such as: The role of the Bitcoin ETF, ahead of the Bitcoin halving in April 2024, the acquisition of Bitcoin by Microstrategy, the decline in the value of the USD.