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It is difficult to forecast Bitcoin's price before a halving occurrence. In the past, price increases for Bitcoin have happened both before and after halvings. Researching and thinking through your investment strategy based on market trends and your financial objectives, rather than just on halving occurrences, is crucial.In 2024, a new halving will take place and everyone expects that the cryptocurrency will grow very much. But I also hope that bitcoin will still fall to 20 thousand to buy a large amount to have more profit in the future. Are you still waiting the fall?
It is difficult to forecast Bitcoin's price before a halving occurrence. In the past, price increases for Bitcoin have happened both before and after halvings. Researching and thinking through your investment strategy based on market trends and your financial objectives, rather than just on halving occurrences, is crucial.
Well, by just studying Bitcoin price chart every day, you're going to see everything with how the price have been behaving so far in the last 5 months. With the price move, it's still very clear that the price of Bitcoin will still keep dropping till the end of 2023.
Price of bitcoin is declining due to many different kinds of reasons. The federal reserve has increased the interest rates and economical factors are also preventing many investors from investing in bitcoin right now.
Yes, governments have been in the cryptocurrency game for a long time, you just have to look at the amount of bitcoins that the United States government has, more than 200k bitcoins, both when prices rise and when they fall the governments has part of the blameThe governments of different countries wouldn't even agree they are part of the reason why cryptocurrency prices are dropping but in reality, they play a very big role in what's been happening for years. As long as they haven't adopted and supported cryptocurrency, it's going affect the prices.
Yes, governments have been in the cryptocurrency game for a long time, you just have to look at the amount of bitcoins that the United States government has, more than 200k bitcoins, both when prices rise and when they fall the governments has part of the blame
It must also be taken into account that many institutional investors have close contact with governments and surely their actions are sometimes influenced by the government.
It doesn't surprise me that the Russians are also immersed in the crypto world, in fact they have avoided many of the sanctions imposed by the West thanks to crypto transactions, it is normal that they want to use them for international exchange, the Russians also know what they are doing.Seriously, it's not the USA government that plays a big part in what's happening with cryptocurrency and its prices. It's been said that Russians own more than 16.5 trillion rubles which is $214 billion worth of cryptocurrencies. Whoever that gets this kind of assest in cryptocurrency plays a very strong in its price changes.
It doesn't surprise me that the Russians are also immersed in the crypto world, in fact they have avoided many of the sanctions imposed by the West thanks to crypto transactions, it is normal that they want to use them for international exchange, the Russians also know what they are doing.