On October 19, 2024, the price of Bitcoin was hovering around $68,000.
Bitcoin experienced significant growth in 2024, mainly due to institutional inflows and the approval of a Bitcoin ETF earlier in the year. However, the price has corrected, and is currently testing key resistance levels
So should you buy or sell Bitcoin now?
This depends on your personal investment strategy. Some positive factors such as Bitcoin's growth after the halving and optimistic forecasts for 2025 may be good signs for those who want to invest for the long term.
If you believe in Bitcoin's potential in the near term, especially as ETFs and national adoption continue to increase, then this could be a buying opportunity.