Analytical View of The Cryptocurrency Market After 34k
It is good to see the market again in green, after a long period of waiting to reap some profit from the currencies that I purchased, it seems that I need to wait more and more.
I will wait again in this somewhat fluctuating market, but with a little optimism when we see the green color again at the beginning of this month, as we will have to wait to see if it can happen and see the 40,000 point crossed for the first time in quite a while, or will we remain in... The frame is between 30k and 35.
At the beginning of this day, Bitcoin reached about $34,000, while Ethereum reached approximately $1,780. Among the currencies that rose the most was Axe, which rose and reached $5.38, occupying 53rd place in the ranking of currencies in the market. As for the rest of the currencies, the rise was slight, ranging between 2 And 3%.
Till When?
I think the question we all ask is how long will we remain in this situation, and I do not mean a slight rise, but I mean that we reach New ATH, as most Holders are not waiting for this rise that I mentioned previously, but we are waiting for Bitcoin to reach $100,000 for sure.
From my point of view, we must wait until the next Halving, which is definitely expected to happen next year, as I see that at this time there will be a gradual change in the price of Bitcoin, but it will be quick, but as we are accustomed to, the increase will occur within a year or at least 6 months. Halving will occur, so I advise everyone to wait and not sell before that time. In an upcoming article, I will explain to you what we do in order to make some profits during the waiting period.
Since you must use your mind to search for some ways to profit because as I believe that profit comes with more profit, you should not only leave your money to reap some ROI, but you should allocate some time to search for new ways of profit and new investment as well As this is one of Waiting time real profit.