CUDIS is a web3 wearable and longevity project. Dive into how CUDIS works, find out more about the CUDIS token, and learn how you can start trading CUDIS on Bybit.

Most people dream of living longer and healthier lives and earning passive income without additional work. CUDIS aims to make both of these possible through its 

 longevity protocol. The project combines an AI-powered smart ring with a personalized coaching app and blockchain incentives to gamify wellness, which can pay off in more ways than one.

In this article, we’ll take a closer look at how CUDIS works, the recent launch of the CUDIS token, and how you can start trading CUDIS on Bybit now.

 is a web3 longevity platform that uses real biometric data to reward users for building better habits. Its 

 is to drive longevity research and make living beyond 140 years of age a reality for most people. 

 that continuously monitors vital signs, and a mobile app that turns those readings into actionable advice. CUDIS gives users full ownership of their data, while also enabling them to tokenize or sell it if they wish.

CUDIS was founded in 2023 by Edison Chen and Jack Chang. Chen is a UCLA alumnus and the CEO of the project, while Chang is a UC Berkeley graduate who handles product and operations. Together, they lead a Silicon Valley–style team with talents from top tech and sports companies like Google, Samsung and Nike, and major crypto companies, such as Binance and Solana.

The project’s innovative approach to health has also attracted investments from venture capitalists. In September 2024, the company raised $5 million in seed financing, led by venture capital firm Draper Associates, along with SkyBridge Capital, Penrose Tech, SNZ and Borderless Capital. 

 has four main pieces: a wearable ring, a companion app, a data network and a Longevity Hub. Let’s look at each of them in detail below.

 that’s packed with health sensors. It continuously tracks dozens of biological metrics, such as sleep quality, heart rate, heart-rate variability (HRV), blood oxygen level, body temperature, stress indicators and more. Users simply need to wear the ring day and night, and it passively logs all vital signs.

The ring’s data syncs to CUDIS’s mobile 

, which uses artificial intelligence (AI) to turn raw biometrics into daily health advice. The app personalizes advice based on data history, helping the user gradually improve important habits such as sleep or exercise. Incidentally, the app isn’t limited to CUDIS ring users; it also allows users to import data from other devices, such as Apple Health, Garmin or Oura wearables. This expands both the platform’s ecosystem and the potential user base of the app. 

 is used to securely store and leverage all of this information. In the CUDIS model, each user receives a unique Longevity ID (LDID) that tags their data. This means that the users own their health data outright, and control who can access it. With this mechanism, the project aims to create a marketplace where aggregated and anonymized longevity data can be traded or analyzed, but only with the user’s permission. 

CUDIS also offers a community platform called the 

 that connects users with longevity science and wellness offerings. Through the hub, members get access to health programs, research partnerships and expert content on aging and well-being. 

In June 2025, CUDIS launched its native cryptocurrency, CUDIS, to power the incentive system. Users can earn CUDIS by accumulating “health points” in the app. Every time users log their sleep, exercise or other healthful habits, the system rewards them with points, which later convert into token airdrops.

CUDIS has set a fixed supply of 1 billion CUDIS tokens, allocated as follows:

Beyond rewards, CUDIS holders can also stake tokens in the app to boost their own health earnings and access higher-tier coaching modules. The token is also used as the payment currency within the CUDIS ecosystem, and users can spend CUDIS to buy premium health programs, advanced AI tools or certified longevity products. 

The CUDIS token is now available for trading on the Bybit Spot market.

Beginner

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CUDIS: AI-powered wearable longevity protocol

Active trading with a long-term vision, disciplined risk management and strategic use of Bybit’s VIP Program can turn crypto trading into a sustainable wealth-building venture for future generations.

Active trading is often regarded as a high-risk, high-reward pursuit, typically associated with fast-paced decisions and short-term gains. However, when approached with the right discipline and strategy, it can become a powerful pathway to building generational wealth. By cultivating the right habits, honing their skills and leveraging smart, cutting-edge tools, traders can shift from seeking quick profits to focusing on long-term, sustainable success. This article explores 

 to see how it can give traders the tools and support needed to transform their crypto trading journey into a strategic, wealth-building venture that endures for generations.

Can crypto trading really help to build generational wealth?

With their potential for significant returns, cryptocurrencies have become a viable avenue for creating generational wealth. Approximately 

 globally have achieved millionaire status through crypto investments, which clearly shows the crypto market’s potential for financial transformation. Unlike traditional assets, such as stocks or real estate, cryptocurrencies like Bitcoin (BTC) and Ether (ETH) offer decentralized control and opportunities for outsized gains, particularly for younger generations and underserved communities.

However, crypto trading is not some get-rich-quick scheme. Building wealth that lasts across generations requires a long-term outlook and discipline. Traders can position themselves for sustained growth by leveraging the game-changing characteristics of crypto assets with strong fundamentals, such as Bitcoin’s limited supply or Ethereum’s 

Strategic wealth-building involves diversifying income streams via techniques such as 

, and planning for asset preservation through estate planning and secure storage. Bybit’s VIP Program enhances this journey by offering tools and benefits that support smarter, more efficient trading, making it easier to scale profits over time.

The key to generational wealth lies in reframing active trading as a deliberate, long-term strategy. Instead of chasing daily price swings, legacy builders use trading as a means to accumulate assets, reinvest profits and create systems that endure. This approach builds financial security and creates opportunities for future generations to thrive, regardless of economic conditions.

Top habits that differentiate legacy builders from short-term traders

Legacy builders approach trading with a mindset and habits that prioritize sustainability over quick wins. Here are the key habits that set them apart:

How Bybit VIP helps you trade smarter over time

Bybit’s VIP Program is designed to elevate traders’ experiences by offering exclusive benefits that align with the goals of legacy builders. Here’s how it supports smarter, long-term trading:

Smart Bybit tools that help you scale without burning out

Bybit offers innovative tools that simplify trading, reduce stress and support scalable wealth-building. Two standout features are trading bots and Copy Trading, which enable traders to automate strategies and learn from experts without having to constantly monitor their portfolios. These tools ensure that traders can scale their efforts efficiently and maintain a sustainable pace while building their wealth.

Bybit’s trading bots automate trading strategies, allowing users to execute trades based on predefined parameters, even in volatile markets. These bots are ideal for legacy builders who want to scale profits without being glued to their screens. Key benefits include:

For traders lacking the time or expertise to analyze markets, 

 allows users to replicate the strategies of expert traders in real time. This tool is particularly valuable for beginning traders, or for those looking to diversify their approach. Benefits include:

Active trading through Bybit’s VIP Program can pave the way to generational wealth when backed by discipline, strategic tools and a long-term vision. With HODLing, disciplined risk management and ongoing learning, you can turn short-term profits into lasting financial security.

Bybit’s trading bots and Copy Trading make scalability much easier without burnout, while VIP perks such as reduced fees and personalized support boost returns. If you want to build a lasting legacy, document your strategies, teach your heirs to read charts and secure your assets. Create a family plan for financial literacy, empowering future generations to manage and grow your wealth.

Intermediate

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From trader to legacy builder: How to build wealth with Bybit VIP

Crypto is morphing into a powerful tool for building and preserving generational wealth, offering access to high-growth assets and alternative financial systems.

 is set to be passed down from Baby Boomers to younger generations by 2045, and an estimated $6 trillion of that may flow directly into cryptocurrency. As digital assets change the way wealth is created and preserved, families are beginning to see crypto as a serious tool for securing their legacy. This article explores what generational wealth means, why it matters and how crypto can help in building and transferring wealth across generations.

Generational wealth is the transfer of valuable financial assets, investments or properties from one generation to the next, intended to provide lasting economic security and upward mobility for descendants.

 It often includes planning through wills, trusts and financial education.

Generational wealth is a key contributor to economic mobility and the perpetuation of financial disparities. In the United States, 

 is strikingly uneven, with the top 10% of earners holding a staggering 74% of the nation’s wealth, while the bottom 50% control only 2%. 

 of wealth is often passed down through generations, with the wealthiest 2% of inheritances accounting for more than 40% of all transferred assets. Sadly, these disparities have created a vicious, self-reinforcing cycle: families with generational wealth provide their children with advantages, such as debt-free education and start-up capital, while those without struggle against systemic barriers.

It's not surprising then, that the ethnic wealth gap continues to grow, even widening in recent years. For example, between 2019 and 2022, the median 

 between white and Black households grew by nearly $50,000, reaching a total difference of $240,120.

Planning for and maintaining generational wealth

Preserving generational wealth ensures financial resilience and the creation of opportunity across time. Families with preserved wealth can weather economic downturns (e.g., recessions, job loss) without depleting their assets. Wealth preservation allows families to fund businesses, invest in real estate or support innovation. A majority of ultra-wealthy families sustain their status through multi-generational business ownership

While the preservation of generational wealth can provide long-term benefits, such as financial security and opportunities for investments in education, property and business ventures, it’s not guaranteed to last. A 

 shows that 70% of wealthy families lose their wealth by the second generation, and a staggering 90% see their fortunes dissipate by the third. This so-called “third-generation curse” often occurs due to poor estate planning and a lack of financial literacy. To lift the “curse,” families can implement strategies by setting up trusts, implementing estate planning and promoting financial education.

The process of transferring wealth is also an opportunity to instill values and financial wisdom in the next generation. Financial literacy and open communication within families are vital in order to prepare heirs for the responsibility of managing wealth. 

Why crypto is entering the legacy conversation

Crypto’s decentralized nature, high-growth potential and unique advantages over traditional assets such as stocks, real estate and gold are changing the way that families approach long-term financial security.

Struggling with student debt and rising living costs, the younger generations are turning to crypto as a path toward financial independence. 

 that more than half of Gen Z and millennial investors see crypto as a key part of their financial future, especially as trust in traditional markets fades.

Platforms like Bybit are helping to level the playing field. They make it possible to start investing with just a small amount by using strategies such as 

 platforms have taken things even further. With tools like 

, families can now earn passive income in ways that go beyond real estate or bonds. These innovations give people more flexible ways to build wealth.

However, proper planning for crypto inheritance is key. Unlike traditional assets, digital currencies require secure storage and access to private keys. Tools like 

 help ensure that crypto can be passed along without relying on banks or lawyers. With smart contracts and self-custodied wallets, crypto is changing the way that families plan for the future by offering a more direct, global and secure way to transfer wealth across generations.

Risks to consider before passing crypto onto the next generation

Despite crypto’s promise, its volatility and regulatory uncertainty pose risks that differ sharply from those of traditional assets. 

How to plan for generational wealth with crypto

Building generational wealth through cryptocurrency requires thoughtful strategies that combine disciplined investing with secure management and estate planning. Here are two effective approaches to consider:

Cryptocurrency offers a modern path to build and preserve wealth across generations, especially for those underserved by traditional finance. With careful investment, secure storage and forward-thinking estate planning, crypto can become a powerful legacy tool. However, success requires education, strategy and the correct safeguards in order to ensure that future generations can truly benefit.

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Generational wealth: How you can plan for your future with crypto

The Nasdaq-100® includes the 100 largest non-financial companies listed on the Nasdaq Stock Exchange.

The Nasdaq-100 has remained resilient through Q2 2025, supported by investor optimism surrounding artificial intelligence (AI) and a stabilizing macroeconomic setting. Year-to-date, the index is up 3%, with considerable upside potential due to its heavy concentration in AI-focused firms.

Chipmakers such as NVIDIA, AMD and Broadcom Inc. — along with AI infrastructure and cloud service leaders like Microsoft, Amazon and Meta — continue to benefit from structural demand. As AI applications expand across productivity tools, cloud computing and consumer platforms, investor enthusiasm remains strong.

Macroeconomic conditions also play a critical role, as lower inflation and reduced interest rates tend to favor tech stocks by improving valuations and growth expectations. The next Federal Reserve rate decision is scheduled for June 18, 2025, with no changes expected from the current 4.5% rate. However, its upcoming July 30 meeting will be closely watched for a potential cut, which would be a bullish signal for growth sectors.

Geopolitical trade tensions remain a headline risk for the Nasdaq-100, especially given the global exposure of many of its top stocks. US President Trump’s trade policy has introduced three critical deadlines:

These policy moves could significantly impact globally integrated firms, such as 

, which have substantial supply chains and customer bases in China. A failure to secure trade deals could pressure these stocks, while a delay or resolution could lift sentiment across the tech sector.

Mid-July also marks the start of earnings season. With expectations already elevated, earnings surprises — in either direction — could drive sharp moves across the Nasdaq-100 index.

Concentration risk: the Magnificent Seven

The Nasdaq-100 remains heavily influenced by a small group of tech giants known as the 

 — Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta and Tesla — which now comprise approximately 

 of the index. Their current weightings are as follows:

Given their dominance, movements in just a few of these stocks can significantly affect the index’s overall performance.

The Nasdaq-100 continues to trade just below its all-time high of 

, with bullish momentum intact. Based on the 4-hour chart, we see the following:

Without a macro shock, both RSI and Fibonacci extensions support a 

 toward a new record high for the Nasdaq-100. However, the 

, such as tariff relief or easing monetary policy.

With interest rate expectations, tariff policy deadlines and earnings season all converging in July and August 2025, the Nasdaq-100 may be nearing a critical point. The index remains supported by AI growth, a stable macro environment and strong technical momentum.

A confirmed breakout above 22,232 could open the door to 

 by year end. For now, the Nasdaq-100 remains one of the most opportunity-rich indices as we head into a volatile summer stretch.

Advanced

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Bybit X FXStreet TradFi Report: Momentum could push the Nasdaq-100 to 25,000 despite concentration risks

Bybit Learn

Bitcoin

Learn what causes the BTC prices to fluctuate & learn how to plan your trading strategies.

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 dominates the digital currency world with its name recognition and colossal carbon footprint. This digital asset has become the flagship of the cryptocurrency revolution, shaping our understanding of the nature of money in the digital age. Since its inception in 2009, Bitcoin has persistently occupied center stage in crypto markets, challenging traditional notions of investment and sparking heated debate about the very essence of currency.

Its roller coaster–like price fluctuations are well-documented, and often a topic of concern. With every surge and plummet of Bitcoin's price, the enigmatic question bubbles up: "When is the best time to buy and sell Bitcoin?" 

This question isn't confined to the seasoned trader or the savvy tech enthusiast: it extends to novices and financial veterans alike, reflecting the complexity and uncertainty inherent in Bitcoin's infamous volatility.

In this article, we’ll provide insights into the evergreen dilemma of when to buy Bitcoin as an investment. By leveraging historical patterns, cutting through market predictions and examining the myriad of factors influencing Bitcoin's price shifts, this piece aims to provide a framework for understanding of investment strategy in this highly volatile but potentially profitable digital asset.

Reflecting on Bitcoin's journey from its 2009 launch to the present, the interplay between its trading volume, halving events and price trajectory paints a fascinating picture of how this pioneering digital asset has evolved.

Bitcoin's trading volume (the number of bitcoins exchanged within a specific time frame) has grown substantially since its inception, indicating heightened market activity. This surge mirrors Bitcoin's escalating popularity and increasing acceptance as a viable investment and transaction medium. Trading volume ebbs and flows based on factors such as price shifts, regulatory changes, tech advancements and worldwide events. As of Aug 14, 2024, CoinGecko lists Bitcoin’s price at $60,894. Its 24-hour trading volume is around $79,772,262,417, which signifies continued interest in the cryptocurrency market.

 process. Each time 210,000 Bitcoin blocks have been mined — roughly every four years — this built-in mechanism slashes the reward miners receive for validating transactions and minting new bitcoins by 50%. This strategic design is meant to regulate Bitcoin's inflation rate and safeguard its scarcity. It inherently influences the rate of Bitcoin creation and, consequently, its supply.

Historically, a significant price increase has been observed with each halving, due to supply-demand dynamics. The most 

 took place in April 2024 as mining rewards were reduced by half, meaning miners will receive 3.125 BTC for each successfully completed block.

Bitcoin's journey through 2022 was characterized by significant volatility, a hallmark of the cryptocurrency market. After reaching a peak of approximately $68,789 in November 2021, Bitcoin experienced a dramatic downturn following the crash of Terra, culminating in a low of under $20,000 in June 2022. This decline was part of a broader market correction influenced by various factors, including macroeconomic conditions, shifts in regulatory landscapes and key events within the crypto space.

One notable event that had a profound impact on Bitcoin and the broader cryptocurrency market in 2022 was the 

 in November, which exemplified the risks associated with digital asset investments and contributed to market instability as Bitcoin’s price fell to a low of around $15,000. This event highlighted the interconnectedness of the crypto ecosystem and the potential for single events to trigger widespread market effects. 

Despite these challenges, Bitcoin showed resilience, with its price recovering to some extent in the months that followed. 

The next year, 2023, marked a significant period in the journey of Bitcoin, witnessing a remarkable recovery and volatility that captured the attention of investors worldwide. The year began with Bitcoin at a subdued price of $16,540.69 on Jan 1, 2023, laying the foundation for a series of dramatic shifts that would unfold over the next twelve months.

By Feb 21, 2023, Bitcoin’s price had seen a notable increase, reaching $24,786.67 and signaling a resurgence of investor confidence and market interest. This upswing, however, was met with a temporary setback in March, when its price dipped to $20,195.23, challenging the optimism of the crypto community.

April brought a turning point as Bitcoin surged past $30,000 for the first time since June 2022, breaking a psychological barrier and reigniting bullish sentiment across the market​​. This milestone was a testament to both Bitcoin's enduring appeal and its resilience in the face of market fluctuations.

However, the journey wasn’t without its troughs. The following two months saw a price retracement to approximately $25,000, reflecting the constant ebb and flow typical of cryptocurrency markets. And yet, by the end of June 2023, Bitcoin had once again ascended to $30,000, underscoring its price movement’s volatile yet upward trajectory.

This pattern of fluctuation continued through July and into September 2023, with Bitcoin oscillating around the $30,000 mark as investors navigated the uncertainties and opportunities presented by market dynamics. October witnessed another significant surge, with Bitcoin's price climbing above $30,000, marking the beginning of a robust rally that would carry through to the end of the year. 

The culmination of 2023 saw Bitcoin reach a peak of $44,000 in December to close the year on a high note. This remarkable recovery not only demonstrated Bitcoin's capacity for rebound and growth, but also solidified its position as the dominant player in the cryptocurrency market.

Throughout 2023, Bitcoin's price trajectory was a testament to its volatility and resilience, and the unwavering interest of its investors. From its lows at the start of the year to its highs at the end, Bitcoin's journey through 2023 was a vivid illustration of the dynamic and unpredictable nature of cryptocurrency, setting the stage for its future movements and the continued evolution of the digital asset landscape.

Due to various catalysts favoring Bitcoin, 2024 has been quite bullish for BTC, increasing its appeal to investors. In January 2024, BTC’s price hit $45,000, a price movement fueled by the SEC’s much-anticipated approval of Bitcoin Spot ETFs, a pivotal development that opens the asset to institutional investors. Following this landmark decision, Bitcoin pumped to $48,000, signifying both the community’s and regulators’ sentiments toward the coin's legitimacy.

After a slight correction and consolidation around $38,000 and then $42,200 toward the end of the month, Bitcoin’s bullish momentum continued in February and March 2024. BTC tested its previous all-time high (ATH) price of around $69,000 on Mar 5, 2024, before smashing that price and reaching a new ATH of $73,737.94 on Mar 14, 2024, a heightened price surge attributed to anticipation of the Bitcoin halving event in April 2024.

Following the successful Bitcoin halving event on Apr 19, 2024, Bitcoin’s price has remained in the green for most of May, June and July 2024, consolidating at $65,000 and $71,000. However, August 2024 opened poorly for Bitcoin, as its price plummeted on August 1 and dipped below $50,000 on August 5. It quickly recovered, however, and Bitcoin's price has since been oscillating between $58,000 and $61,000.

What Causes Bitcoin’s Price to Fluctuate?

Bitcoin's value fluctuates based on numerous intertwined factors, primarily dictated by the balance between supply and demand. When demand for Bitcoin surges, its price naturally rises since it has a 

. Conversely, a downturn in demand or an upturn in supply, such as from additional Bitcoin 

However, the price of Bitcoin is also heavily influenced by the overarching investor sentiment. Crypto prices can pivot drastically, due to significant news or events related to Bitcoin or the broader financial market. Investing in Bitcoin is considered a risky investment, so when traditional financial markets are experiencing downturns, Bitcoin sometimes suffers from a 

Regulation and technological advances also contribute significantly to the ebb and flow of Bitcoin's price. Regulatory updates worldwide can dramatically swing Bitcoin's value. A major economy imposing a ban, for instance, could cause the price to dive as a result of a sudden demand slump. In contrast, supportive regulatory changes can bolster its price. Technological progress, including improvements to the Bitcoin protocol or broader tech advancements, can also push up the price by influencing its appeal to investors.

Distinct elements within the cryptocurrency ecosystem, such as halving events and economic fluctuations, hold substantial sway. Bitcoin halving events can trigger price movements due to the resulting constraint of the new Bitcoin supply. Periods of uncertainty in traditional markets may amplify Bitcoin's demand, given its status as “digital gold” and a perceived safe haven from conventional financial systems. Additionally, 

 investors executing large-scale buy or sell orders can create abrupt price swings. 

Even with full knowledge of these factors, forecasting Bitcoin's price trajectory remains a daunting task due to the numerous unpredictable elements at play and the innate volatility of the cryptocurrency market.

Bitcoin has been volatile since 2022, which has been largely bearish for the cryptocurrency industry. However, BTC’s price trajectory turned bullish toward the end of 2023 and continued into early 2024. We’ve seen the coin achieve major breakthroughs, such as the approval of Bitcoin Spot ETFs and the successful halving event that reduced the supply of BTC.

As such, many investors are upbeat about Bitcoin’s future and believe that we’ll witness another ATH at some point later this year or in early 2025, due to increased demand, especially by institutional investors who were pulled in by the Bitcoin Spot ETF approvals.

That said, as seen in previous price charts, nothing is guaranteed. The coin’s price largely depends upon various factors, such as supply and demand, inflation levels, global economic factors, technological advancements and many other parameters. Nevertheless, several analysts and experts have offered predictions based on varying assumptions and scenarios.

 has predicted that Bitcoin could reach a new ATH in 2024, with expectations set around $88,000 before settling at around $77,000 by the end of the year. Experts surveyed in a U.K. fintech firm's study suggest that Bitcoin could see an average peak price of $87,875 in 2024, with some predictions going as high as $200,000. Conversely, the lowest predicted price by the end of 2024 is $35,734, with some estimates as low as $20,000​​.

While Bitcoin's price often pumps after a halving event, there’s been no significant price surge following the April event. The slowdown in Bitcoin's bullish momentum in the middle of this year is to be expected, considering that its price has been rising since 2023. In other words, the coin's price needs to consolidate. However, 

 a price breakout is imminent later this year, when we could see a new ATH for Bitcoin.

Analysts who believe 2024 is a pivotal year for Bitcoin do so primarily because of a range of catalysts that have favored the coin. As previously mentioned, the successful approval of Bitcoin Spot ETFs in January 2024 and the successful halving in April are major pluses. Traditional financial systems can now confidently offer their clients Bitcoin as an asset class. Additionally, with the halving, mining Bitcoin has become more complex, reducing the coins in circulating supply and ostensibly driving up Bitcoin's value.

Despite Bitcoin's recent price tumble in August 2024, price experts still believe that the coin will continue its bullish momentum into 2025 based on the positive catalysts that have transpired since the beginning of the year.

Over its history, Bitcoin has developed clear price patterns over the roughly four-year periods between halving events. Based on historical price charts, Bitcoin's price often peaks within 12 to 18 months after halving. While nothing is guaranteed in the market, if this pattern holds, 

 believe that we could witness a new ATH in 2025.

 that Bitcoin could hit a yearly high of $175,108 in 2025 and increase to $297,407 by 2030. The $100,000 mark has been a psychological milestone for Bitcoin for many years, and some experts believe that 2025 could be the year in which 

What Does It All Mean for Bitcoin’s Price?

The future looks bright for Bitcoin, due to increased attention from the movers and shakers in the global financial world — including regulators. We’re experiencing a period in Bitcoin’s history in which mainstream financial players, such as institutional investors, have 

. This demand for the coin could have a positive impact on its price, especially since the recent halving event has reduced its supply.

Given the diversity of expert opinions and the complex interplay of factors influencing Bitcoin's price, the cryptocurrency market remains highly speculative and unpredictable. Investors are advised to 

 and consider various perspectives when making investment decisions in the volatile cryptocurrency market.

Looking ahead to 2030, Bitcoin’s price could surge even further, since another halving event will take place around 2028 that could make the coin even more scarce. While nothing is guaranteed, by 2030 BTC could be trading at levels we haven’t seen before, as it will have matured as a legitimate asset class.

A definitive answer to the question of the best time to invest in Bitcoin remains elusive, given that Bitcoin's price is governed by so many different factors. However, there are several key indicators that can guide you to make decisions, based on your risk tolerance and investment objectives.

One such indicator is the Bitcoin halving event, which cultivates a scarcity market sentiment that typically propels Bitcoin's price upward, driven by the anticipation of reduced supply. As mentioned above, Bitcoin's price has witnessed significant growth in the months and years after a halving event.

Since Bitcoin successfully halved in April 2024, it’s become more difficult for 

, which implies that the amount of BTC entering the market is lower. This, in turn, leads to an increase in price along with increased demand.

Furthermore, we’ve seen institutional players continue to increase their BTC holdings. Post-halving, 

 11,931 more bitcoins, bringing its total to 226,331 BTC as of June 2024. The country of El Savador has continued to stash more bitcoins, with its holdings at 

Innovation and competition within the cryptocurrency sphere constitute a third significant indicator. As emerging technologies and platforms enhance the functionality, security and scalability of Bitcoin and other cryptocurrencies, the overall interest and confidence in the crypto market surges, attracting more investors. Recent notable Bitcoin innovations include 

 protocol, which sparked a fleeting hype of 

 and highlighted the burgeoning potential of Bitcoin DeFi.

 is a fundamental investment principle. However, applying it to Bitcoin can be tricky, due to its substantial volatility. Rather than trying 

 to impulsive decisions driven by market swings, it's typically recommended you consider a long-term Bitcoin investing plan.

When it comes to Bitcoin, accurately predicting price shifts for buying low and selling high can be challenging within the crypto landscape.

Instead of trying to time the market, an approach called 

 (DCA) is often advised. In this strategy, you regularly invest a set amount of money, regardless of Bitcoin's current price. This helps lessen the impact of market volatility, since you end up buying more Bitcoin when prices are low and less when they’re high. DCA reduces your average cost per unit over time and promotes consistent investing, instead of reactive decisions based on market fluctuations. In addition, it allows you to benefit from Bitcoin's potential long-term growth as you gradually accumulate more units of BTC.

In a nutshell, while buying low and selling high may sound appealing, it can be challenging to implement with Bitcoin's volatile nature. A more systematic strategy, such as dollar-cost averaging, could offer more reliable long-term returns.

Investing in Bitcoin and other cryptocurrencies demands staying current with price movements and market trends. Various platforms offer real-time data and trend analysis to help investors track these digital assets. Here are some top-rated Bitcoin and crypto price trackers:

When choosing a Bitcoin or crypto price tracker, think about your individual needs and preferences. Look at factors like features, data accuracy, user interface and cost. Remember, due to the volatile nature of Bitcoin and other cryptocurrencies, these trackers should be used judiciously and complemented with your own research before making investment decisions.

, a prominent cryptocurrency trading platform, involves a few key steps that ensure a smooth transaction process. Here's a detailed step-by-step guide to help you navigate this process:

Navigating the dynamic world of Bitcoin and cryptocurrencies can be complex, given its high volatility and constant evolution. The price of Bitcoin is dictated by a multitude of factors, including but not limited to supply and demand dynamics, technological advancements, shifts in the regulatory landscape, global economic scenarios and significant transactions made on cryptocurrency exchanges by whale investors.

There are historical precedents indicating potentially favorable periods for Bitcoin investment. However, these trends should be contextualized within the broader understanding of Bitcoin and blockchain technology's inherent unpredictability and price fluctuations. Unique considerations, such as Bitcoin halving, introduce an additional layer of complexity to Bitcoin's market behavior.

Recognizing these uncertainties and complexities, prospective investors should approach cryptocurrency investments and the market with a comprehensive understanding of these elements and a readiness to accept the associated risk. Implementing strategies such as diversification, staying abreast of market trends and seeking guidance from financial professionals can equip you to navigate the crypto landscape better.

: The above content is strictly for educational purposes only. This is not financial advice, nor is Bybit advocating users to invest in any form of cryptocurrencies. Should traders or investors intend to use the products as described, please seek professional advice before investing. This content will be used for translations. In any case of translation inaccuracy, the English version will prevail. 

When Is the Best Time to Buy Bitcoin? (Updated 2024)

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When Is the Best Time to Buy Bitcoin? (Updated 2024)

Grab Up to 5,000 USDT in Rewards

Compete for 2,500 USDT Every Week

Grab Up to 5,000 USDT in Rewards