BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
yep , it's an opportunity for all traders to buy low and sell high where the price will liquidate the current level again wherein that still have a bunch of order block . . but on alts i don't know if they works like that, i mean after sweeping the OB they make continuation above or vice versa . but I'm very sure on Bitcoin and other top alts such solana ,eth and it's very accurate to be honest base on my experience. 
Topic: BTC falls below $92 in the last 24 hours (Read 557 times)
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
Nothing is certain in crypto mate, now Btc price has up again to $101K. I think, traders can make a good income from this current price from the market if they can take the advantage of the price, because the price has increased back to $101,000 which there will still be income for those traders that will take the risk to trade their coins.You see bullish season and bearish Season in the market, they are not certain in the market, because they appear and disappear for those traders that want to use one of the season to grow income to have the opportunity whenever one appear in the market. I think, the price will still increase higher above this current price, because the green light is still on to make traders to know that the opportunity to make income from the market is still there for them to embrace, because bearish season is still far from the market.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
Nothing is certain in crypto mate, now Btc price has up again to $101K. 
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
Yes, it's an advantage to investors and hodlers (not traders). Whether it falls or rises, it doesn't affect traders. Theirs is to position and be on the part of the immediate Price Action (PA) and make money. The thing is that every dip situation affords (shrewd) investors an opportunity to grab more. Those who are skeptical won't utilize that opportunity. They only wish price drops but when it drops they won't buy. BTC is back above the resistance level now at $104k+.Until Bitcoin gets into the $150k – $200k range, I won't even consider any dip as a bearish signal. I will see it as a correction and cool off moment.
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This is also what I hope due to how the world economy is already sabotaged and there's the need for an alternative solution which Bitcoin has the potential. I expect Donald Trump to create a system that will help the government/the country through Bitcoin but we shouldn't expect something huge from him until it happens so we don't get caught off guard.
The efforts made are good but we need to see more concrete realization and if Trump succeeds in building it and making bitcoin a reserve then there is a lot of potential that might have a positive impact on bitcoin. This is what is expected and maybe we need to see the level of seriousness in realizing it because if not it is the same as a promise.In the meantime, let's see what he will do with his 100 days in the office.
The numerous media that are making reports about the use of Bitcoin as a reserve strategy won't make him do it, and I hope you understand that the media is also programmed in the sense that we only see whatever they want us to see, or know.
The media that is against the current will still exist and vice versa the media that is deliberately created to make positive news about the move, but this is not something that is more important as long as Trump himself does not fulfill these promises. The media has its own duties in reporting news and it is not something that surprises us as we have seen before.hero member
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This is also what I hope due to how the world economy is already sabotaged and there's the need for an alternative solution which Bitcoin has the potential. I expect Donald Trump to create a system that will help the government/the country through Bitcoin but we shouldn't expect something huge from him until it happens so we don't get caught off guard.
The efforts made are good but we need to see more concrete realization and if Trump succeeds in building it and making bitcoin a reserve then there is a lot of potential that might have a positive impact on bitcoin. This is what is expected and maybe we need to see the level of seriousness in realizing it because if not it is the same as a promise.The numerous media that are making reports about the use of Bitcoin as a reserve strategy won't make him do it, and I hope you understand that the media is also programmed in the sense that we only see whatever they want us to see, or know.
The media that is against the current will still exist and vice versa the media that is deliberately created to make positive news about the move, but this is not something that is more important as long as Trump himself does not fulfill these promises. The media has its own duties in reporting news and it is not something that surprises us as we have seen before. 
It's so easy for Bitcoin market to fall when it begins to fallout of line with speculation. Everyone was thinking Trump has gone back to his formal place as many didn't hear any update about his crypto plans but yesterday when he said good things and plan about crypto, the market was so bullish and the market turn back to his previous direction that made us to see $100k. This is much more to witness in this 2025 and as long Bitcoin is doing well, altcoins will do good.
My only concern is how everyone is so bullish when there is positive sentiment about the market and then immediately turn bearish as soon as they supporters give the market a silent treatment. We are now with the real world where things don't need to be said again about plans, that's how the government does there things and we have to be really calm and observant about there plans we will suffer the impact together.
It's clear that we are going to see plenty of days like that in the next four years, it is not going to be easy but it is going to happen sometimes. So, we should be considering the situation to be sensitive and while when he is silent about it things could look like they are not looking great, we also need to make sure that we know what we are dealing with, he is a president and he can't talk about crypto very single day, it will happen time to time and it will benefit crypto on those days but we are not going to end up hearing about crypto from him every single day.My only concern is how everyone is so bullish when there is positive sentiment about the market and then immediately turn bearish as soon as they supporters give the market a silent treatment. We are now with the real world where things don't need to be said again about plans, that's how the government does there things and we have to be really calm and observant about there plans we will suffer the impact together.
This is why these type of days are valid and important, also when he takes office will be great too, that's when we are going to see the market start to go back up again and maybe even break above the ATH price as well. Lets wait and see how things will turn out, I do hope that he does talk about it, and if not him, at least Elon could talk about it in his stead and make it go up with his power or influence.
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Yes, and everything promised by 98% of politicians shouldn't be believed because promising heaven is always the strategy used by politicians to gain the people's vote into office.
Most politicians do like to promise but when it comes to realization it's a big zero and that's what we often hear. But because this concerns strategic reserves, maybe the president-elect will try to realize it and hopefully it's not a promise but a strategic step that he will realize.Exactly. However, I believe The President-elect will do something meaningful for Bitcoin this time because I read in the news that he is planning to designate cryptocurrency as a national priority, and I believe his positive stance towards cryptocurrency was due to his former chief strategist Stephen Kevin Bannon who is also a former investment banker but he's a Bitcoiner.
An optimistic attitude is indeed necessary and maybe a little bigger because so far they have spoken louder to do that and I'm also sure the president-elect will do it because of a number of media reports that continue to provide information related to Trump who will try to make these efforts. We'll see after this whether the plan can be implemented or just a promise like other politicians who try to give a narrative according to their interests.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
BTC is poking the 100k haha i cant judge what is it going for.
but it's good to know that the bullrun isn't going anywhere and maybe this time alt will also get some good pump.
the news about reserve is pretty bullish as well. crazy how sentiment can be flipped just with one news but that's crypto for you.
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...However, this positive movement may have been triggered by the Trump inauguration due to his positive stance towards Bitcoin, and his plan on BTC as a reserve strategy.
All this is still at the level of promises, the trend of which was set during the election marathon. Accordingly, what the voter wanted to hear was translated into election promises. There is very little time left before Trump's inauguration, and then we will be able to see what the 47th president's efforts will focus on.
Exactly. However, I believe The President-elect will do something meaningful for Bitcoin this time because I read in the news that he is planning to designate cryptocurrency as a national priority, and I believe his positive stance towards cryptocurrency was due to his former chief strategist Stephen Kevin Bannon who is also a former investment banker but he's a Bitcoiner.hero member
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...However, this positive movement may have been triggered by the Trump inauguration due to his positive stance towards Bitcoin, and his plan on BTC as a reserve strategy.
All this is still at the level of promises, the trend of which was set during the election marathon. Accordingly, what the voter wanted to hear was translated into election promises. There is very little time left before Trump's inauguration, and then we will be able to see what the 47th president's efforts will focus on.
Exactly. However, I believe The President-elect will do something meaningful for Bitcoin this time because I read in the news that he is planning to designate cryptocurrency as a national priority, and I believe his positive stance towards cryptocurrency was due to his former chief strategist Stephen Kevin Bannon who is also a former investment banker but he's a Bitcoiner. 
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
BTC is poking the 100k haha i cant judge what is it going for.
Anyway, market is Green guys, Just chill becasue I dont know but i had a bad feeling about the 20th jan, there's no reason just a universal principle behind the sceen "When everyone is greedy be fearful" and we all are expecting Positive momentum on 20th jan I think it might crash there so it's justified to be fearful.
What do you think about 20th JAN can you smell anything fishy about the market?
...However, this positive movement may have been triggered by the Trump inauguration due to his positive stance towards Bitcoin, and his plan on BTC as a reserve strategy.
All this is still at the level of promises, the trend of which was set during the election marathon. Accordingly, what the voter wanted to hear was translated into election promises. There is very little time left before Trump's inauguration, and then we will be able to see what the 47th president's efforts will focus on.
gets back up again after some good news, this fast recovery just clarify my doubt that market is probably just hesitant to buy because they are in a state of doubt, once there's good news market suddenly going up so fast.
if you happen to buy the dip, then you're already making some good profit right now, even all of alts are also going up which is great for people who've seen nonstop dumping ever since end of year.
really hoping the price will hit ATH once again after this long squeeze to be honest.
if you happen to buy the dip, then you're already making some good profit right now, even all of alts are also going up which is great for people who've seen nonstop dumping ever since end of year.
really hoping the price will hit ATH once again after this long squeeze to be honest.
It's so easy for Bitcoin market to fall when it begins to fallout of line with speculation. Everyone was thinking Trump has gone back to his formal place as many didn't hear any update about his crypto plans but yesterday when he said good things and plan about crypto, the market was so bullish and the market turn back to his previous direction that made us to see $100k. This is much more to witness in this 2025 and as long Bitcoin is doing well, altcoins will do good.
My only concern is how everyone is so bullish when there is positive sentiment about the market and then immediately turn bearish as soon as they supporters give the market a silent treatment. We are now with the real world where things don't need to be said again about plans, that's how the government does there things and we have to be really calm and observant about there plans we will suffer the impact together.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
We are face a downtime again and the price reach $97k after hit $100, 702. So this will give us a chance to buy back after we sell Bitcoin at the high price. But if you still hold your Bitcoin and not selling at that high price, you have your chance to buy back Bitcoin.That will be a good time for traders to accumulates more Bitcoins because if they buy at a low price, their profit will starts to increase when the price rise. But if you still waiting for the lower price, you should be careful because we don't know how low the price later.
And now the price is back to $99k which means that it is good for those who already bought at $97k.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
Yes it was a great opportunity for traders especially those who are doing short term trading it was a great opportunity to make good amount of profit. After the Bitcoin price went to $89k it quickly recovered and hit 100k during which time many traders made huge profits. Because the alts went down a lot with bitcoin. Especially those who traded with NEAR, TON, SOL, BNB and BTC were very safe and made very good profits. It is highly unlikely that Bitcoin price will take a major down now and only 3 days from Donald Trump's inauguration, more positive impact on Bitcoin price will be seen. 
gets back up again after some good news, this fast recovery just clarify my doubt that market is probably just hesitant to buy because they are in a state of doubt, once there's good news market suddenly going up so fast.
if you happen to buy the dip, then you're already making some good profit right now, even all of alts are also going up which is great for people who've seen nonstop dumping ever since end of year.
really hoping the price will hit ATH once again after this long squeeze to be honest.
if you happen to buy the dip, then you're already making some good profit right now, even all of alts are also going up which is great for people who've seen nonstop dumping ever since end of year.
really hoping the price will hit ATH once again after this long squeeze to be honest.
Bitcoin keeps pumping rapidly with or without good news as long as it reach the price support at 90K which probably the spot for all those open long orders to execute and pump the price hard back above 100k.
Same scenario when Bitcoin reach 100K and above, it dumps rapidly since this the range for short orders to initiate and take profit for longs.
This kind of range trading only show that there’s really no clear trend ATM while daily traders tying to squeeze profit from retails that being bait on doing trading.
I believe in what you say this is honestly speaking. Where the bitcoin price really makes the price even without good news, the goodnews are really addicted to speeding its rally.
And besides that, I also don't believe that everyday you can get profit as individual traders there is also a day when we are in a bad mood, so nobody's perfect in trading habit.
gets back up again after some good news, this fast recovery just clarify my doubt that market is probably just hesitant to buy because they are in a state of doubt, once there's good news market suddenly going up so fast.
if you happen to buy the dip, then you're already making some good profit right now, even all of alts are also going up which is great for people who've seen nonstop dumping ever since end of year.
really hoping the price will hit ATH once again after this long squeeze to be honest.
if you happen to buy the dip, then you're already making some good profit right now, even all of alts are also going up which is great for people who've seen nonstop dumping ever since end of year.
really hoping the price will hit ATH once again after this long squeeze to be honest.
Bitcoin keeps pumping rapidly with or without good news as long as it reach the price support at 90K which probably the spot for all those open long orders to execute and pump the price hard back above 100k.
Same scenario when Bitcoin reach 100K and above, it dumps rapidly since this the range for short orders to initiate and take profit for longs.
This kind of range trading only show that there’s really no clear trend ATM while daily traders tying to squeeze profit from retails that being bait on doing trading.
Day traders always make money regardless of the market movement.
Not true, not all day traders are making money. To be more specific, it’s the successful day traders who do, and honestly, I think only a small percentage of day traders are actually profitable. It’s kind of like gambling, if they can’t consistently hit a winning percentage, they’ll eventually lose in the long run as the trading fees act like the house edge, slowly eating away at their profits.
Loss is part of trading. I don't think I have to mention that. When I said day traders always make money, I meant they are always on the market regardless of the market situation. Some of them will gain, and some of them will lose, that is how trading works. No matter how experienced you are, you cannot make a consistent profit every day. You will have a bad day when you will lose. That is part of trading and we all know that. Given this reasons, I didn't feel an explanation is needed when I said day traders always make money regardless of the market movement. I hope that make some sense. If not, I am sorry for not being clear enough.
gets back up again after some good news, this fast recovery just clarify my doubt that market is probably just hesitant to buy because they are in a state of doubt, once there's good news market suddenly going up so fast.
if you happen to buy the dip, then you're already making some good profit right now, even all of alts are also going up which is great for people who've seen nonstop dumping ever since end of year.
really hoping the price will hit ATH once again after this long squeeze to be honest.
if you happen to buy the dip, then you're already making some good profit right now, even all of alts are also going up which is great for people who've seen nonstop dumping ever since end of year.
really hoping the price will hit ATH once again after this long squeeze to be honest.
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BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
What kind of profit do you mean, is the decline giving some people the momentum to enter the market. In 24 hours bitcoin has experienced a slight decline but if you look at it previously it was actually below it so that in the previous few days it had a slight increase. If you say for the long term it might be true that people can take steps to buy when there is a decline but the decline that occurred in 24 was actually small, so the accumulation of small amounts will not provide maximum profit for the process. Conversely for traders involved in futures and their profits depend on how they open entry positions. 
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
It all depends on which order was opened by the trader. For those traders who have opened a short position, this is undoubtedly a good opportunity to make a profit. And if a trader had a long open, then most likely his position was liquidated by the exchange.
For those who trade on the spot market, this price reduction for all coins is a good opportunity to buy at a reduced price.
I have been doing that quite lately, buying at 90k range and selling at 99-100k range. Maybe a dumb trade, i guess (not an expert trader), but it gave me a decent amount of profit these days. I have used only fraction of the BTC holding I had, a very small amount, so I'm not worrying much.
Yes, it's definitely a good opportunity for not only short term traders but also long term traders. They will be able to accumulate more BTC with this reduced price, and make their Hodling stash bigger.
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And just after 48 hours, Bitcoin has recovered. While some alts are also doing it, it's all thanks to BTC's movement and resiliency.
From what i see this is Bitcoin trying to chase lower prices by trying to break $90k which turned out to fail again, retailers or investors do not want to lose this moment, they think this is a good price that may not be repeated again, so the price of Bitcoin is pumping again in just a few hours plus soon it will be ahead of Donald Trump inauguration, this is a breath of fresh air for investors who decide to put their money on Bitcoin, hopefully at the time of Trump's inauguration will say something positive related to Bitcoin so that it will trigger the price back up even more.
1 Osprey Funds seeks SEC authorization to reverse its Bitcoin trust to an exchange-traded fund (which means more accumulation of BTC).
2 El Salvador working on widespread Bitcoin adoption and installing BTC nodes in every home.
3 BlackRock to launch iShares Bitcoin ETF in Canada which will make another milestone.
However, this positive movement may have been triggered by the Trump inauguration due to his positive stance towards Bitcoin, and his plan on BTC as a reserve strategy.
...plus soon it will be ahead of Donald Trump inauguration, this is a breath of fresh air for investors who decide to put their money on Bitcoin, hopefully at the time of Trump's inauguration will say something positive related to Bitcoin so that it will trigger the price back up even more.
The fact that the price of BTC quickly recovered to $100,000 suggests that the market is dominated by buyers, for whom such a decline looked like a good opportunity to buy Bitcoin at a reduced price. But it may happen that when everyone expects a positive outcome from Trump's inauguration, the market will move in the other direction, contrary to expectations.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
And just after 48 hours, Bitcoin has recovered. While some alts are also doing it, it's all thanks to BTC's movement and resiliency.The 90k choke point is very strong, imo.
Won't be broken till there is a chain of events that would pummel the rally.
And just after 48 hours, Bitcoin has recovered. While some alts are also doing it, it's all thanks to BTC's movement and resiliency.
From what i see this is Bitcoin trying to chase lower prices by trying to break $90k which turned out to fail again, retailers or investors do not want to lose this moment, they think this is a good price that may not be repeated again, so the price of Bitcoin is pumping again in just a few hours plus soon it will be ahead of Donald Trump inauguration, this is a breath of fresh air for investors who decide to put their money on Bitcoin, hopefully at the time of Trump's inauguration will say something positive related to Bitcoin so that it will trigger the price back up even more.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
It is good for buyers, I had only one buy order and I could have gotten it lower if I had kept track of the market but still, currently I am 10% up in that trade. It is not an exception thing because 10% is too normal if we pick it at the right time. BTC dropped drastically that day I was shocked to see what caused it, and still the reason is unkown. Alts were bleeding more than BTC, my portfolio have more alts that's why I was in lose and still in lose except few trades. Ovearall this pump is surely due to Trump's inauguration event.
Day traders always make money regardless of the market movement.
Not true, not all day traders are making money. To be more specific, it’s the successful day traders who do, and honestly, I think only a small percentage of day traders are actually profitable. It’s kind of like gambling, if they can’t consistently hit a winning percentage, they’ll eventually lose in the long run as the trading fees act like the house edge, slowly eating away at their profits.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
Day traders always make money regardless of the market movement. Some of them are lucky if they do the market research and understand the market movement before opening the position. Some of the traders will liquidate their position even though they did not want to do so, but it's a crypto market and it is so volatile that the market movement changes so fast.
If a trader opens a position without setting up stop loss and take profit, they end up liquidating their money. But, as I said, the more market movement, the more money they make. I do not do day trade, I became a holder for a while.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
And just after 48 hours, Bitcoin has recovered. While some alts are also doing it, it's all thanks to BTC's movement and resiliency.https://iili.io/26ajese.png
The 90k choke point is very strong, imo.
Won't be broken till there is a chain of events that would pummel the rally.
And just after 48 hours, Bitcoin has recovered. While some alts are also doing it, it's all thanks to BTC's movement and resiliency.
From what i see this is Bitcoin trying to chase lower prices by trying to break $90k which turned out to fail again, retailers or investors do not want to lose this moment, they think this is a good price that may not be repeated again, so the price of Bitcoin is pumping again in just a few hours plus soon it will be ahead of Donald Trump inauguration, this is a breath of fresh air for investors who decide to put their money on Bitcoin, hopefully at the time of Trump's inauguration will say something positive related to Bitcoin so that it will trigger the price back up even more.
OP is quick to react, but what a moment, Bitcoin at $97k!
Looks like we’re not in the correction phase yet, and there’s a good chance Bitcoin could push back to $100k. With Trump’s assumption of office getting closer, it might even pump further, considering the significant boost he gave Bitcoin when he first won as president of the USA.
So, just hold steady, don’t panic, and wait it out, things are looking promising...
Looks like we’re not in the correction phase yet, and there’s a good chance Bitcoin could push back to $100k. With Trump’s assumption of office getting closer, it might even pump further, considering the significant boost he gave Bitcoin when he first won as president of the USA.
So, just hold steady, don’t panic, and wait it out, things are looking promising...
Yeah, I also have the same thoughts, from $92k and then we zoom back to $97k. So that is just in 24 hours, so probably there is really a big hype on Trump assuming office in 5 days that's why there are a fresh set of FOMO again to push in to higher highs of $97k.
Of course, our target is still $100k++, but we are again very close to it and I wouldn't be surprised that in January 20 we might see it again as Trump will be sworn to office and there are a lot of positive news that will go along with it.
So let's not just panic and push the button, the future still looks bright for us, or until this bullish year.
If he had hit the buy button, he’d already be up by now instead of sitting around asking questions. TA is crucial for short-term moves, and while we all expect the price to rise because we’re bullish here, just blindly following what others say won’t cut it. If OP doesn’t put in the effort to analyze and make his own decisions, he won’t last long in the crypto trading game.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
It just shows how Bitcoin rights are very strong at the $90,000 level. As you can see after it drops to around $92,000 it just goes back again above.What I can see is, it just really creating strong significant support in $90,000 level and above. Slowly but surely, I love it.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
And just after 48 hours, Bitcoin has recovered. While some alts are also doing it, it's all thanks to BTC's movement and resiliency. OP is quick to react, but what a moment, Bitcoin at $97k!
Looks like we’re not in the correction phase yet, and there’s a good chance Bitcoin could push back to $100k. With Trump’s assumption of office getting closer, it might even pump further, considering the significant boost he gave Bitcoin when he first won as president of the USA.
So, just hold steady, don’t panic, and wait it out, things are looking promising...
Looks like we’re not in the correction phase yet, and there’s a good chance Bitcoin could push back to $100k. With Trump’s assumption of office getting closer, it might even pump further, considering the significant boost he gave Bitcoin when he first won as president of the USA.
So, just hold steady, don’t panic, and wait it out, things are looking promising...
Yeah, I also have the same thoughts, from $92k and then we zoom back to $97k. So that is just in 24 hours, so probably there is really a big hype on Trump assuming office in 5 days that's why there are a fresh set of FOMO again to push in to higher highs of $97k.
Of course, our target is still $100k++, but we are again very close to it and I wouldn't be surprised that in January 20 we might see it again as Trump will be sworn to office and there are a lot of positive news that will go along with it.
So let's not just panic and push the button, the future still looks bright for us, or until this bullish year.
OP is quick to react, but what a moment, Bitcoin at $97k!
Looks like we’re not in the correction phase yet, and there’s a good chance Bitcoin could push back to $100k. With Trump’s assumption of office getting closer, it might even pump further, considering the significant boost he gave Bitcoin when he first won as president of the USA.
So, just hold steady, don’t panic, and wait it out, things are looking promising...
Looks like we’re not in the correction phase yet, and there’s a good chance Bitcoin could push back to $100k. With Trump’s assumption of office getting closer, it might even pump further, considering the significant boost he gave Bitcoin when he first won as president of the USA.
So, just hold steady, don’t panic, and wait it out, things are looking promising...
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
I think, there is a good advantage for traders to use this current price trade to make income from the market, because the price of Bitcoin has increased above $97,000 which is a good price that can allow traders to enter into the market to double their income. There are some altcoins that will increase soon as alongside with Bitcoin, because some traders know that whenever the price of Bitcoin is increasing other altcoins price will be increasing too which you can see Ethereum and other altcoins showing green light already. If you want to trade your Bitcoin now, there is a confident that you will make income or you want to exercise patience for the price to increase higher before you can trade, the opportunity to make a huge amount of income is possible, because the price will still going to increase more before the bearish season appear.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
If you believe that the price of BTC can still be higher than the last ATH then every time the decline becomes an advantage for traders to buy, and you can see today the price even since yesterday the price has risen above $ 95,000.
Panic in the market can make traders hesitate so don't rush to make decisions, but because the bullish is not over yet, this is just a temporary panic.
...At the end of the day, the dump that happened yesterday affected all traders positively, and negatively.
According to Coinglass https://www.coinglass.com/ru/LiquidationData The amount of liquidations on crypto exchanges over the past two days has amounted to approximately $700 million. At the same time, most of the liquidations came from traders who opened short positions, hoping for a further decline in the price of BTC, while the market went in the opposite direction.
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BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
Heck, it even fell below $90,000 on Bitget (it reached as low as $89,000).I saw it, but didn't went for a long position (which is my mistake since I had the funds at that time). I could've made at least 20%-30% more or less if only I did.
Is the downtrend yesterday a good advantage for traders. Yes, and No.
- Yes, for those who went short before that dump since they made a huge profit for sure by shorting the market. Also, yes for those who waited for Bitcoin to go below $90,000 then entered a long position because currently, Bitcoin rebounded, and its price is at the $94,000 price already.
- No for those who entered a long position before the dump started. No for those who tried to cut loss and then tried to enter a long position at a lower price again only for the market to go even lower.
At the end of the day, the dump that happened yesterday affected all traders positively, and negatively.
We should be glad to see the price increase back to $95k. But we must be careful and don't forget to analyze more to finds the time to buy. Maybe we will see another flash dump so we need to be ready for anything that can happens.
But this situation is good for those who wants to accumulates more Bitcoin. If they can place the lower price and waiting, they will have their chance to buy it.
But this situation is good for those who wants to accumulates more Bitcoin. If they can place the lower price and waiting, they will have their chance to buy it.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
Its not a permanent level as the volatility is changing now as of this response, bitcoin now reaches 95k. I think the level it will change will be huge as it gonna move beyond this level up or down until we can finally stay on a very stable level. Alts are just following bitcoin movement but its terrible for alts sometime when bitcoin up their still staying and not increasing too. 
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
That was a very sharp moment for accumulation because there will always be quick recovery from the market and whenever active traders sees something like this they wouldn't mind taking good entry point for sharp buy and ready for the rally up.I know there are trader who has been looking for such opportunity for quick buy but the market doesn't present such opportunities rather it has been on the rising side where people can't actually accumulate enough as they think of. But currently that market has taken a quick recovery around 94,865k heading to 95k I strongly believe that before today ends it would definitely closes with 96k.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
It all depends on which order was opened by the trader. For those traders who have opened a short position, this is undoubtedly a good opportunity to make a profit. And if a trader had a long open, then most likely his position was liquidated by the exchange.
For those who trade on the spot market, this price reduction for all coins is a good opportunity to buy at a reduced price.
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I mean if you bought wanting to short at 95k ish then that in the first place was wrong since we've been sideways for some time now. In general would call it an advantage though. Dumps like these are usually good buy ins either for shorts or just a general buy in. Naturally you still have to watch whether or not the market would still go down and react from there. And look, if you DID short, would've profitted alreadys since we're back to 94k.
It is a good advantage for people who want to buy more bitcoins at a cheaper price, the price is back up again to around $93,000, but i think we are more likely to see it go below $90,000 again, rather than pushing above $100,000 right now. This is the time for patience and accumulation, it is not time for panic or falling for FUD, this is not something we have not seen or experienced before.
it might even drop to $70k or lower.
This is a scary statement to read especially for new investors because this was not what was expected in this January considering there was a lot of hype around the inauguration ceremony of Donald Trump, and we are closing in on that already as well as the assumption of office of the new SEC Chairman.I know any drop in price is only for the now and will not continue. The market is likely trying to fill up and balance inefficiencies, it will be bullish again.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
It is good and an advantage for the ones who are waiting for the dip. This is the chance that they're all waiting for. If they believe that there will be a lower price than $90k. Then, they should have caught some sats when it has reached there and got prepared of what's coming. If we're seeing news like BTC made another addition of $10k for its price within the last 24 hours then we should also expect some news like this as if they're typical and nothing surprising at all. 
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
Bitcoin fall below $90000 to $89300. The market has been bearish for now. It is difficult to know if to buy or not. But it is not difficult to DCA. Just buy some amount and not use all your money to buy so that if the price continues to fall, you can buy more. 
The 90k support was broken. It might just be tested again for several days or maybe weeks. I'm unsure of the market already but the hope I think more people are holding on is because Trump is going to sit in the office in a few days which I guess could rocket up the price once again.
There is a chance of getting higher than 108k. But it could retest once again that support in 90k. We could be waiting for more than months to see it shoot to 120k. I think the price will continue to ride sideways from 90k to 104k for a while.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
That is the greatness of Bitcoin, it can provide opportunities for those who do it in the long term or short term to be able to make a profit, but still the long term is the most profitable because when there is a decline or correction they can take advantage of that moment to be able to collect more Bitcoin or for those who use the DCA strategy they can increase the purchases they make periodically to be able to generate greater profits for the long term.And what they do in short-term trading can also be profitable, only they must be able to really make their purchases at the right price to be able to generate short-term profits and must also continue to monitor market movements. But in my opinion the price of Bitcoin will not drop to $ 70,000 and will not exceed $ 80,000. So I think you should have plenty of time to really monitor market movements in the next few days so as not to miss the opportunity to make purchases at the lowest Bitcoin price point, because there is a possibility that at the beginning of next month the price of Bitcoin will tend to increase even though the decline is still happening but the increase is greater and there is a possibility that it will return to the price of 100k and so on.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
Yes, it even dropped below $90k as you can see in https://www.tradingview.com/symbols/BTCUSD/
Is it a good advantage, as you ask? Of course, especially if you’re in it for the long term. But if you’re into short-term trading, don’t rush, wait for the price to dip further. If this is the correction others have been waiting for, it might even drop to $70k or lower.
Just keep observing the market. If you see a good opportunity to accumulate, then go for it. Always trust yourself. Even the experts in technical analysis can’t guarantee their predictions will come true.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
Yes, it even dropped below $90k as you can see in https://www.tradingview.com/symbols/BTCUSD/
Is it a good advantage, as you ask? Of course, especially if you’re in it for the long term. But if you’re into short-term trading, don’t rush, wait for the price to dip further. If this is the correction others have been waiting for, it might even drop to $70k or lower.
Just keep observing the market. If you see a good opportunity to accumulate, then go for it. Always trust yourself. Even the experts in technical analysis can’t guarantee their predictions will come true.
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
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