Topic: Don't buy this dip yet! - page 3. (Read 464 times)
Well you just missed the dip, it was only $53000 as lowest and nnow it starting to bounce back to $58k again, currently it's still $55.5k for each bitcoin. Just buy with small amount the dip until it recovered, if it's falling deeper , you can always buy again with small amount again
As much as I want to buy the dip, it's going to be hard to predict. I like the idea that it could go downhill from there, but it's not going to look good though to newcomers to the crypto space but good for us—the opportunity to buy more with the possible dip. I have read that buying continuously and averaging your entries is the best way to benefit in the long run.
Thanks for sharing your view. It somehow makes me more assured that I had the same view with a healthy correction.
Thanks for sharing your view. It somehow makes me more assured that I had the same view with a healthy correction.
If it's broken down, there will be more opportunities for shorts to pull it down between $47k and $43k and if it doesn't hold there too, the dump will further take the price to eat the liquidity near $36k after which it'll begin its run again.
Your opinion is similar to mine. I wrote about it more than one week, and just updated it hours agoCorrections are necessary for healthy bull run and I see the coming and any in the future corrections are healthy for this bull run in 2021. It was raised by Peter Brandt too. It is for history corrections but the current price chart shows and confirms that correction is coming.
I believe many people will fear and say "Hey, bitcoin bubble appears and price will crash to $20,000". Forget such FUD please.
As you all can see, markets have dumped very quick with BTC in a loss of around 6% because of the sudden dip. When we don't know why this happened, let's talk about the technicals and see which area could be the best for BTC to be bought.
I read from the news a couple of days ago that the institutional investors are reducing their investment probably they are selling fraction of the accumulation, I believe this is what cause the current dip we are expecting and it could be their strategy to buy new dip before another pump market.As you all can see, markets have dumped very quick with BTC in a loss of around 6% because of the sudden dip. When we don't know why this happened, let's talk about the technicals and see which area could be the best for BTC to be bought.
It's creating a triangle in 4H but that's not looking in the favor of BTC and could bring it to its major support at around $52k. But hodl your breath, it's not over yet. If it's broken down, there will be more opportunities for shorts to pull it down between $47k and $43k and if it doesn't hold there too, the dump will further take the price to eat the liquidity near $36k after which it'll begin its run again.
Im waiting for that time but it seems it is holding in 54k support which is also a good point imho but basing off with technical then those levels are really considerable once that 52k strong support would be broken out thenIt's creating a triangle in 4H but that's not looking in the favor of BTC and could bring it to its major support at around $52k. But hodl your breath, it's not over yet. If it's broken down, there will be more opportunities for shorts to pull it down between $47k and $43k and if it doesn't hold there too, the dump will further take the price to eat the liquidity near $36k after which it'll begin its run again.
expect that price would really be heading down even more.I have already accumulated a little bit on 54k and i would be waiting for further dips but at least i have made up some accumulation to this level.
If ever the price would go down even more then i have already the funds allocated for that which it had been always a plan B's when A's didnt turns out to happen.
You mean, the price of Bitcoin will get down to the maximum in which is 36k$? Was it your technical analysis, that's why you mentioned this different price value of Bitcoin that might get to be happen for the coming days or weeks, am I right? If ever this is true, and some of the members here in the forum get believe in your assessment, surely they will sell some of their Bitcoin to their exchange platform they are using it now.
Those who may sell will take a foolish step TBH as I never asked anybody to sell their BTC. It's about "buying" and yeah, I forgot to add a disclaimer that Please take my words with a grain of salt and DYOR. Anyway, let's come to the point.
If BTC does get below $52k which is a major support area for now and doesn't bounce back, there are very high chances that BTC will retest $43k to eat the liquidity it finds there.
means this month is very dangerous for Bitcoin and altcoins?
if Bitcoin dumps below $ 50k again and hits $ 43k then it really isn't a correction but a dump,
but is it really going to happen ?, if this dip is not the time to buy, then when should I buy? 43K? or how much?
if Bitcoin dumps below $ 50k again and hits $ 43k then it really isn't a correction but a dump,
but is it really going to happen ?, if this dip is not the time to buy, then when should I buy? 43K? or how much?
Lol, what? Not a correction but a dump? In both the scenario, BTC will go down only, right? What's the big difference? Just that it'll recover quick? I don't think so (just this time).
Buying at what price should be decided by you as I'm not here to spoonfeed every single trader and won't take the blame if it doesn't go my way. Set your own targets and wait till BTC reaches that area, I'm damn sure it'll see those areas very very soon.
As you all can see, markets have dumped very quick with BTC in a loss of around 6% because of the sudden dip. When we don't know why this happened, let's talk about the technicals and see which area could be the best for BTC to be bought.
It's creating a triangle in 4H but that's not looking in the favor of BTC and could bring it to its major support at around $52k. But hodl your breath, it's not over yet. If it's broken down, there will be more opportunities for shorts to pull it down between $47k and $43k and if it doesn't hold there too, the dump will further take the price to eat the liquidity near $36k after which it'll begin its run again.
It's creating a triangle in 4H but that's not looking in the favor of BTC and could bring it to its major support at around $52k. But hodl your breath, it's not over yet. If it's broken down, there will be more opportunities for shorts to pull it down between $47k and $43k and if it doesn't hold there too, the dump will further take the price to eat the liquidity near $36k after which it'll begin its run again.
You mean, the price of Bitcoin will get down to the maximum in which is 36k$? Was it your technical analysis, that's why you mentioned this different price value of Bitcoin that might get to be happen for the coming days or weeks, am I right? If ever this is true, and some of the members here in the forum get believe in your assessment, surely they will sell some of their Bitcoin to their exchange platform they are using it now.
As you all can see, markets have dumped very quick with BTC in a loss of around 6% because of the sudden dip. When we don't know why this happened, let's talk about the technicals and see which area could be the best for BTC to be bought.
It's creating a triangle in 4H but that's not looking in the favor of BTC and could bring it to its major support at around $52k. But hodl your breath, it's not over yet. If it's broken down, there will be more opportunities for shorts to pull it down between $47k and $43k and if it doesn't hold there too, the dump will further take the price to eat the liquidity near $36k after which it'll begin its run again.
It's creating a triangle in 4H but that's not looking in the favor of BTC and could bring it to its major support at around $52k. But hodl your breath, it's not over yet. If it's broken down, there will be more opportunities for shorts to pull it down between $47k and $43k and if it doesn't hold there too, the dump will further take the price to eat the liquidity near $36k after which it'll begin its run again.
means this month is very dangerous for Bitcoin and altcoins?
if Bitcoin dumps below $ 50k again and hits $ 43k then it really isn't a correction but a dump,
but is it really going to happen ?, if this dip is not the time to buy, then when should I buy? 43K? or how much?
The price chart speaks for the market itself, we can create analysis through that and this not a FUD for sure. The sudden correction is normal since we are not able to stay above the resistance and now we’re heading to the support level which is critical if we didn’t hold on that level. Buy only if you see opportunities, buy based on your analysis, your personal decision is very important.
As you all can see, markets have dumped very quick with BTC in a loss of around 6% because of the sudden dip. When we don't know why this happened, let's talk about the technicals and see which area could be the best for BTC to be bought.
It's creating a triangle in 4H but that's not looking in the favor of BTC and could bring it to its major support at around $52k. But hodl your breath, it's not over yet. If it's broken down, there will be more opportunities for shorts to pull it down between $47k and $43k and if it doesn't hold there too, the dump will further take the price to eat the liquidity near $36k after which it'll begin its run again.
It's creating a triangle in 4H but that's not looking in the favor of BTC and could bring it to its major support at around $52k. But hodl your breath, it's not over yet. If it's broken down, there will be more opportunities for shorts to pull it down between $47k and $43k and if it doesn't hold there too, the dump will further take the price to eat the liquidity near $36k after which it'll begin its run again.
Jump to: