Right now, Bitcoin's price is bouncing around $62,000 to $66,000. If you're thinking about what might happen next, it's important to think about two possibilities: Bitcoin either goes up to around $70,000 or drops to about $60,000.
If things go south and the price drops, don't panic. You could start by investing 30% of your money in Bitcoin and Ethereum. And if the price keeps dropping, consider buying more when Bitcoin hits somewhere between $58,000 and $60,000.
If the market keeps going down, think about making another investment when Bitcoin reaches $53,000 to $50,000.
But if the market goes up instead, think about cashing out some profits when Bitcoin reaches $70,000 to $73,000. Then, you could use that money to invest in strong coins like Bitcoin, Ethereum, BNB, DOT, XRP, and ADA.
If Bitcoin breaks through $73,000, it might keep climbing towards $78,000 to $80,000. Looking ahead, by the end of 2024, Bitcoin could be worth anywhere from $100,000 to $120,000. And there's a chance it could go even higher, maybe over $150,000 by 2025. Good luck with your investments!
