BTC has set a new all-time high, with the halving event 35 days away. The new all-time high happened earlier than anticipated. There is no telling where BTC could be headed post-halving. The BTC spot ETF has brought in an enormous amount of capital, and investors are buying massive amounts of Bitcoin. Does this still leave room for retail investors to accumulate?
Many who have hodl'd and DCA'ed into Bitcoin have seen good returns this year. Many are now also beginning to notice this and wonder if it's still worth getting BTC or settling for altcoins instead. 10,000 tokens are indeed more appealing than 0.00005 tokens in any case. BTC now seems like a coin that only the wealthy can accumulate. The question to ask yourself is: are you comfortable with them buying the remaining supply or beginning to hodl and DCA as much as you can in both BTC and ALTS? There is uncertainty as to what price Bitcoin may head to next.
Thus far, some price predictions have been lower than predicted. Currently, at $72,123.00,BTC price has not had much volatility lately after reaching this high. Many speculate that the parabolic bull run has started, and others say that the parabolic bull run is currently happening. Attempting not to chill or instill FUD, but most of BTC supply has been mined and is being bought in by big institutions in huge volumes. Its value has been increasing at a price that exceeds expectations. These are some things retail investors can consider when planning to DCA into Bitcoin and hodling long term.