The price of Bitcoin has recently dropped slightly, causing some people to become a little worried. It's the first time in six years that the market has turned negative in October. Now that we are in November, the market is truly at a crossroads. While some are watching closely, wondering if it will continue to drop, others are calculating that "this is an opportunity."
At this time, seasoned Bitcoin bulls like Michael Saylor are confidently stating that "Bitcoin could reach up to $150,000 by the end of 2025." So, can Bitcoin really rise again before this year ends? Is this price drop something to worry about, or is it an opportunity? I'll clarify this.
Why is the market experiencing this two-sided divergence?
đś First, let's look at the current situation. Bitcoin dropped for the first time in October after six years and closed negatively. This has made some investors cautious. However, experts call this drop a "Correction" and say it's normal.
đś What they say is that after a prolonged market rise, a temporary pullback and "Healthy Consolidation" is necessary; in other words, a period of accumulation before the next big rise is needed. The market cannot always rise in a straight line. They see these ups and downs as just parts of a whole "Bull Cycle."
$150K prediction, is it possible?
đś The biggest supporter of this view is Bitcoin bull Michael Saylor. He firmly believes that Bitcoin could reach $150,000 by the end of 2025, despite the recent slight price drop.
đś Long-term investors like them see this market dip as an opportunity to accumulate. They hope that once this correction is over, the next big step in the "Bull Cycle" will begin.
In summary, Bitcoin has dipped slightly, causing some to worry, but most experts and long-term investors believe that this is not the end of the Bull Cycle; they see it as just a temporary consolidation. The predictions for the end of 2025 range from $130K to $150K, so this November could be a crucial turning point for Bitcoin.
Disclaimer â ď¸
Investing in crypto is quite risky. Prices can fluctuate rapidly, so don't invest more than you can afford to lose. Make sure to do thorough research before making any investments. This article does not serve as investment advice. The prices of crypto can change over time, and unexpected events can occur, so it's important to be cautious when investing. Remember that every investment carries risks.
