I'm Bullish On BITCOIN
Assalamu Alaikum friends,
There can be no other high-security money transfer method like cryptocurrency nowadays. These cryptocurrency specialists have gained so much popularity because of this. Cryptocurrency means Bitcoin and Bitcoin means the mother of all alt coins. This is because the rest of the alt coins are created using the Bitcoin formula.
Bitcoin's last halving happened in 2020 and Bitcoin touched its all-time high in 2021. Shortly after touching the all-time high, Bitcoin's downtrend began and continued for about 2 years. Bitcoin touched its current low of $15,000 a few months ago.
But since then, Bitcoin started to trend upwards and the market retook it down again. Every time Bitcoin went down in the past, people thought the bear market was not over. By doing this, Bitcoin broke the strong support of $32,000 and everyone confirmed that the bear market was over and the bull market was about to begin.
However, many people continue to spread false information to spread rumors in the market. But these wrong information could not remain in the market for long. Bitcoin continues to touch its recent high. As I can see the tradeline in the figure below, Bitcoin is continuing from the price of 33 thousand dollars according to this line.
According to this trade line, every time it touches the upper line, it bounces back into this room. Just like that, every time Bitcoin touched the bottom line, it pumped into this room. And thus the prize is gradually gaining upwards.
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https://twitter.com/sagor1233_tfc/status/1731358371935375393
I am also bullish on bitcoin, being bullish on bitcoin is a very smart idea as we approach Bitcoin halving