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RE: Bitcoin Touched 70k. Where to, Before Halving?

in LeoFinance8 months ago

I think this is the effect of the ETFs. A lot of BTC was bought up before the halving, and a lot of people are scrambling to get more. Just from the basics of supply and demand, I think BTC should continue to increase before and after the halving. And if that continues and Web3 gets more attention, the best case scenario is that it doesn't crash, and just goes sideways.

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I don't like this scenario. I don't have enough crypto to embark on an 8-year bull, like gold did after its first spot ETF was approved. 😅

I have sometimes compared BTC to gold. If BTC follows its footsteps, I don't think a lot of people are ready haha.