Bitcoin prices are volatile at the best of times and in the worst of times we can see drops of upto 40-50%.

I can see bitcoin falling to around $25,000 and then floating around the $30,000 dollor market in what I will call the summer of still water as the high retail investors start to lose interest in bitcoin as a get rich scheme and leave the market. The gradual decline in retail investors will actually have a positive impact on the market as bitcoin stabilises and whales who have manipulated the market buy back in at a steady rate along with,  more so now than previously Industrial markets , who will see the stability and long term potential as something worthy of their pot of gold. This will ultimately in my prediction drive bitcoin upto to potential new highs of upper $60,000 towards $70,000 by close of summer. I think this will ultimately bring back in retail investors and drive the price again even higher later in the year. I think whales are currently buying back into the market at end of May , after they spectacular dump , after selling off , before MUSK bought in and retail investors followed. I’ve no interest in speculating on Musk as Elon is only interested in Elon and Mars.

Bitcoin has good steady long term growth and the fundamental alt coins will follow.

Good buys : BTC, ETH, ADA, DOT, VET , HBAR

Bad Buys : SHIBA, MATIC, XRP

Bitcoin is an innovative payment network and a new kind of money.

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

Bitcoin when used on a mobile device allows you to pay with a simple two-step scan-and-pay. There’s no need to sign up, swipe your card, type a PIN, or sign anything. All you need to receive Bitcoin payments is to display the QR code in your Bitcoin wallet app and let the other party scan your mobile, or touch the two phones together (using NFC radio technology).

Bitcoin transactions are secured by mathematics and energy. Cryptographic signatures prevent other people from spending your money. Energy spent by proof of work (PoW) prevents other people from undoing, rearranging or losing your transactions. So long as you take the required steps to protect your wallet, Bitcoin can give you control over your money and a strong level of protection against many types of fraud.

Similarly to email, you don’t need to ask recipients you’re sending bitcoin to, to use the same software, wallets or service providers. You just need their bitcoin address and then you can transact with them anytime. The Bitcoin network is always running and never sleeps, even on weekends and holidays.

Sending bitcoins across borders is as easy as sending them across the street. There are no banks to make you wait three business days, no extra fees for making an international transfer, and no special limitations on the minimum or maximum amount you can send.

There is no fee to receive bitcoins, and many wallets let you control how large a fee to pay when spending. Most wallets have reasonable default fees, and higher fees can encourage faster confirmation of your transactions. Fees are unrelated to the amount transferred, so it’s possible to send 100,000 bitcoins for the same fee it costs to send 1 bitcoin.

With Bitcoin, there’s no credit card number that malicious actors can collect in order to steal from you. In fact, it’s even possible in some cases to send a payment without revealing your identity, almost like with physical money. You should, however, take note that some effort can be required to protect your privacy.

Satoshi Nakamoto’s original paper is still recommended reading for anyone studying how Bitcoin works.