Bitcoin Creates New All-Time High

Assalamu Alaikum friends,
After being stable for a while, the crypto-market has started increasing in volume since yesterday. And whenever the volume starts increasing, the price of Bitcoin starts increasing. In today's blog, I will discuss this increase in the price of Bitcoin.

Bitcoin creates new all-time highs in each of its cycles. After the halving of Bitcoin in 2024, its new cycle began and by the end of 2024, Bitcoin created its new all-time high. Then it dumped a bit again for the market correction. Due to this correction of Bitcoin, many thought that Bitcoin's bull season might be over.

So, they started getting disappointed with Bitcoin and the crypto market. The big reason for the disappointment is alt coins. Due to the dumping of Bitcoin, a lot of market cap started coming out of alt coins. Due to this, some coins/tokens started going from deep to deeper. As a result, FOMO was created among everyone.

Because of this FOMO, many people start selling their holdings, panicking. But, if you want to be successful in the crypto market, panicking and FOMO won't work. To be successful, you need patience. And those who have this patience are the ones who succeed in crypto.

Bitcoin created a new all-time high yesterday. Altcoins have started gaining market cap again. But those who got out of the market due to FOMO and panic attacks could not profit anymore. So, to be successful in crypto, you need to be patient.