Bitcoin as the head of all existing cryptocoins has now touched the price of $64,000 again. Is this a crucial point for Bitcoin?

Crucial in the sense of whether it will still decline again or this is the current botom point. If it is still decreasing, it still indicates the existence of a longer waiting time to return to an upward position past the $70,000 price range. However, if this is the end point of the botom price for Bitcoin in the current market then the waiting time will start running faster to get to the bullrun period.

Currently Bitcoin has reached the highest price in the range of $73,000 more in March 2024. The hope of so many people is of course that the halving period that has been passed will be able to bring Bitcoin higher up to around $150,000.

Certainly it is still in the process of waiting to be able to know how many bullrun periods this time will be achieved, especially by Bitcoin until 2025. As in previous years during the Bitcoin halving period, usually not August is the month when the bullrun period starts to take place significantly until the end of the year. And entering the next new year continues until March.