As I discussed in my previous post about the price of Bitcoin and when Altcoin bull season is going to start. I told that the bull run may start in the end of MAY or in the start of JUNE.
According to technical analysis the price of #Bitcoin is supposed to reach the $74K to make a double top and a possibility to surpass that price and reaches $80K.
Many people are thinking that this peak is the end of the bull run for Bitcoin and the price may come down from this level.
But in reality Bitcoin bull run is also not yet started. All this price rise is because of the Blackrock's buying which takes the price to its all time high.
Still many organizations, whales, companies and other individuals will keep on buying Bitcoin.
I guess the price of #Bitcoin will atleast reach $150K by the end of 2025 and that will be the real bullish season.
Market is now at first phase of bull run and the first phase for altcoin is going to start very soon and maybe started.
In the morning I saw that the price of #Bitcoin reached $65K which is a good move and I see more than 10% rise in alt coins.
Therefore, keep on holding your coins and wait for the correct bull run to come and then you can sell your holdings for profit booking.
What do you people think is that the start of altcoin season? Do you think Bitcoin will reach $100K by the end of this year? Will be glad to see your answers in the comment section.
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IMAGE TAKEN FROM CANVA
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It means we should hold our hive coins till the end of 2024 or maybe till 2025 to gain god profit.