It is still difficult to determine in September if the Bull Run is over or if it will continue.
We can try to determine the probabilities to possibly take a position for a trade. Or be patient and hold to avoid taking risks.
We can consider a bearish scenario, if we estimate that the Bull Run ended with a top close to $ 65,000 :
On the contrary, we can consider a bullish scenario, if we believe that the Bull Run is not over :
Or Bitcoin could continue to move in a range for a while :
(Screenshots I made with TradingView)
Currently, it is difficult to favor one scenario over another (and scenarios different from what is put forward here may also occur).
I do not know if you have ever had any friends or acquaintances who have ever asked you if this is the right time to buy Bitcoin.
But in my opinion, there isn't really a good time unless you can go back in time.
In a long term investment, I think the price of Bitcoin in 4, 5 or 10 years will be higher than it is now. But this is only a personal estimate because we do not know what can happen.
We just follow a path, one step after another towards the unknown.
We can only build an investment plan that will evolve over time and according to our personal situation.
This is not investment advice. And the possibility that I'm wrong is also to be taken into account.
The crypto market is young, volatility is high, do your own research and measure the risks before making a decision.
Thanks for reading my post and happy earnings :)
Publish0x Links : Newcomers - Bitcoin Miner Rewards Evolution - Markets and Speculation - Bitcoin Bull Run 2013 and 2021