don't be afraid to buy bitcoin at the current price, because we have confirmed that Bitcoin will reach $ 100k this year, it looks a little greedy but during the bullish season that is what must be achieved, just buy at the next support if you are afraid, but so far everything is fine.
Well buying bitcoin is good idea but it depends on the buyer if they wanted to buy bitcoin on this short dip 55k$ is still big and i think its not totally dip it is still big and risky if we buy bitcoin this time, for me it is better to wait a big dip than buying bitcoin on this moment. Because there is still no assurance that bitcoin will reach 100k$ at the end of year 2021 all are only predictions 
Topic: Don't buy this dip yet! (Read 466 times)
don't be afraid to buy bitcoin at the current price, because we have confirmed that Bitcoin will reach $ 100k this year, it looks a little greedy but during the bullish season that is what must be achieved, just buy at the next support if you are afraid, but so far everything is fine.
In the long run whatever you do you will be satisfied.
I remember talking with friends about buying in 2018 and some bought and regretted it, some did not buy. In the end those who did not buy never could find the right time and price to do it. It was always too expensive for them. Those who had regrets but held, eventually got so much profit that they turned into permanent holders. When I asked them a few days ago if they're planning to sell what they bought in 2018 they said no
That's sort of me, and I am quite happy about it. I didn't buy during 2018 I have to be honest, but in 2020 during early April when it was very low, I bought some and I assumed it would go to 13-14k prices when the halving happens and some time passes.I remember talking with friends about buying in 2018 and some bought and regretted it, some did not buy. In the end those who did not buy never could find the right time and price to do it. It was always too expensive for them. Those who had regrets but held, eventually got so much profit that they turned into permanent holders. When I asked them a few days ago if they're planning to sell what they bought in 2018 they said no
To be frank my goal was to reach 13-14k prices these days, so hold it for nearly a year and get a 2x return, that was my "hope". Now we are so high that I can't get too scared about any fall. Sure I would love it if bitcoin price could go to 100k, but that doesn't mean that I would be sad about the current price neither.
So long story short, we are doing fine for me, it is all about buying at the right time. I have a friend who is already very rich, he has millions of dollars, all made from early bitcoin investing but he got out a bit ago, and he kept buying bitcoin whenever it dropped more than 5% any day, he did that for years, and basically got so rich that dude got out with a lot of money but he already had some anyway, that is the power of being able to wait.
Given all the positive news about Bitcoin lately, I think you’d be wise to buy sooner rather than later. This Friday’s options expiry could very well be the last chance to buy before the next leg up. The important thing is to not buy using leverage and to not buy unless you’re going to hold until it hits your predetermined sell point.
In the long run whatever you do you will be satisfied.
I remember talking with friends about buying in 2018 and some bought and regretted it, some did not buy. In the end those who did not buy never could find the right time and price to do it. It was always too expensive for them. Those who had regrets but held, eventually got so much profit that they turned into permanent holders. When I asked them a few days ago if they're planning to sell what they bought in 2018 they said no
Why not? Every dip is a buying opportunity. Those "triangles" and other chart readings might not be always the same or what you think. Hence, just buy when you see a dip. It is going to be okay even if its a bad "buy" - you know, since you are going to invest only what you can afford to lose. That's the golden rule right?
If the dip was the last buying opportunity, people would start regretting a lot. What if the "$25k" you are expecting never happens? You would keep on waiting an event that is never going to occur and miss all opportunities.
I would like add that anytime is a buying opportunity, its just that dips are a good one because they can help you buy at lower prices and get more out of your money, I mean you will wait for a dip and no one will know that it is the until it has happened so the only way is to get in instead of waiting because the dip that you might've been waiting for never arrived and the prices just goes up continuously.If the dip was the last buying opportunity, people would start regretting a lot. What if the "$25k" you are expecting never happens? You would keep on waiting an event that is never going to occur and miss all opportunities.
For long term, yes you can buy at any time and at any price because once bitcoin will reach 100,000$ it will not matter if you bought at 55K or 50K.
However, if you are a trader then these are good opportunities to accumulate the bitcoin at the dips.
I would like add that anytime is a buying opportunity, its just that dips are a good one because they can help you buy at lower prices and get more out of your money, I mean you will wait for a dip and no one will know that it is the until it has happened so the only way is to get in instead of waiting because the dip that you might've been waiting for never arrived and the prices just goes up continuously.
$52k is a good buying opportunity I and some of my friends have taken that opportunity, we have no regret it could go down further, or go up eventually tomorrow or the next day but we have high hopes that the 6 digit many experts are predicting are going to happen this year, it's part of this year's milestone, so buy with confidence when the price is dipping.
Not going to say those experts are wrong, but your time horizon should be longer then end of this year. BTC is about holding for multiple years, do that and you'll be wealthly beyond your dreams.
I would like add that anytime is a buying opportunity, its just that dips are a good one because they can help you buy at lower prices and get more out of your money, I mean you will wait for a dip and no one will know that it is the until it has happened so the only way is to get in instead of waiting because the dip that you might've been waiting for never arrived and the prices just goes up continuously.
$52k is a good buying opportunity I and some of my friends have taken that opportunity, we have no regret it could go down further, or go up eventually tomorrow or the next day but we have high hopes that the 6 digit many experts are predicting are going to happen this year, it's part of this year's milestone, so buy with confidence when the price is dipping.
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.
I am looking at this bulls area for BTCUSD right here, and will take buys if the current H4 closes outside the bulls area, having stopps somewhere below it. Next thing then, is to accumulate more buys on the M30 TF, to maximize possible gains if there are any decent entries.
This time, BTCUSD punched me in the face really hard. Just like that PAAAM!
Given all the positive news about Bitcoin lately, I think you’d be wise to buy sooner rather than later. This Friday’s options expiry could very well be the last chance to buy before the next leg up. The important thing is to not buy using leverage and to not buy unless you’re going to hold until it hits your predetermined sell point.
Can we see Bitcoin at $40k?
Can we see Bitcoin at $30k?
Or we will never see Bitcoin under $50k again... ?! Help me with this, I am thinking for some time as I said, and still I am not sure about anything... to be honest!
Can we see Bitcoin at $30k?
Or we will never see Bitcoin under $50k again... ?! Help me with this, I am thinking for some time as I said, and still I am not sure about anything... to be honest!
If you haven’t learned by now that Bitcoin is extremely volatile, maybe it’s time to realize that now so some things will become clearer to you. We all remember what happened a little over a year ago, so if we accept that corrections of as much as 50% are happening, then the answer to your question is in the next sentence.
Bitcoin below $50k is something that is quite possible, there is no doubt about it - and as far as lower values are concerned, it is possible if some big correction happens, so I believe that we should be ready for everything.
However, this is an extremely bullish year and I personally do not expect any major correction, the trend is still positive despite the fact that some do not understand how the market works - the price can not constantly go up.
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.
We are still in the $52'ish, we don't know if this is going to hold or will go down as predicted to the $40k level. So let's see, this bitcoin future expiration is already the culprit for this massive sell, in my opinion. But in the next 24 hours, they will be liquidated so I don't see the price going as well as $43k-$47k in my opinion. 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.
I would like add that anytime is a buying opportunity, its just that dips are a good one because they can help you buy at lower prices and get more out of your money, I mean you will wait for a dip and no one will know that it is the until it has happened so the only way is to get in instead of waiting because the dip that you might've been waiting for never arrived and the prices just goes up continuously.
There's just a difference of method. What you're referring to is dollar cost average which is really popular because there is no stress or complications of buying at certain price. You simply keep buying at whichever price and it all works out well on the average.
But some people trade so they sell at highs and buy at lows to keep multiplying at optimal rates.
Not for everyone for sure.
Why not? Every dip is a buying opportunity. Those "triangles" and other chart readings might not be always the same or what you think. Hence, just buy when you see a dip. It is going to be okay even if its a bad "buy" - you know, since you are going to invest only what you can afford to lose. That's the golden rule right?
If the dip was the last buying opportunity, people would start regretting a lot. What if the "$25k" you are expecting never happens? You would keep on waiting an event that is never going to occur and miss all opportunities.
I would like add that anytime is a buying opportunity, its just that dips are a good one because they can help you buy at lower prices and get more out of your money, I mean you will wait for a dip and no one will know that it is the until it has happened so the only way is to get in instead of waiting because the dip that you might've been waiting for never arrived and the prices just goes up continuously. If the dip was the last buying opportunity, people would start regretting a lot. What if the "$25k" you are expecting never happens? You would keep on waiting an event that is never going to occur and miss all opportunities.
Let it happen like that, and I am sure we are ready for that time, although we do not know when that will come or it will not happen in the next weeks.
But this situation still good to trade and make a small profit, but we really need to be careful to decide.
This situation seems too scary to enter the market, but you will find a good time to buy low and sell high if you can analyze the market.
Do not force yourself to make a big profit if the situation is not good, and I prefer to take a small profit constantly.
Trading can be done at any price at any moment. You trade based on what it will go up and down to at that day and that's it, you could make a profit when it is going down, or you could make a profit when it is going up. There is nothing that will keep you from profiting if you are careful, all depends on your trading talent. Of course the only thing that will be a bit difficult is the fact that investing will get more difficult, we are in a world where if everyone starts investing right now, we will profit because when everyone invests we profit from that, however if you invest and others get out that means we are going to end up losing money.But this situation still good to trade and make a small profit, but we really need to be careful to decide.
This situation seems too scary to enter the market, but you will find a good time to buy low and sell high if you can analyze the market.
Do not force yourself to make a big profit if the situation is not good, and I prefer to take a small profit constantly.
Some people are scared of exactly that, what if I invest right now and everything goes down afterwards? It is already so high, what if it starts to go down now? That is what people are afraid of, I am not but I do understand those people.
Many people do not learn much about that because they think that what they did before is enough for them, and they only need to wait for the market to move.
It could be done if the market moves up every day, but we can not expect the market to be like that since many traders also want to profit.
And now, we already see the market is at the dip from yesterday, so we might have a chance to buy this dip and hold it for a while to sell at a high price because this dip will not stay forever.
The uptrend will come back again and give us a chance to sell at a high price and make a profit.
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.
Your analysis is 50:50, so what happens if the price starts to grow? You will miss the good price.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.
I have a family that bought Bitcoin almost at peak price in 2017 after dumped massively I just suggest to her to not sell it and now, she got a dip price even though he bought it at peak price. Focus on the long term, Bitcoin is long term asset. Stop always think dip price
Everyone must have their own analysis, I also have my own analysis. Because I don't think Bitcoin will drop below $ 52k anytime soon.
Can we see Bitcoin at $40k? Can we see Bitcoin at $30k?
Or we will never see Bitcoin under $50k again... ?! Help me with this, I am thinking for some time as I said, and still I am not sure about anything... to be honest!
Everyone must have their own analysis, I also have my own analysis. Because I don't think Bitcoin will drop below $ 52k anytime soon.
I like this part... Indeed each of us have some opinion, based on some analysis (good or bad, not matter here), and you think it will not drop below $52k anytime soon... I respect that prediction, but I wonder what you think will it go under $52k ever again?!
So it's something that's on my mind for some time already... what Bitcoin price we will never see again!?
Can we see Bitcoin at $40k?
Can we see Bitcoin at $30k?
Or we will never see Bitcoin under $50k again... ?! Help me with this, I am thinking for some time as I said, and still I am not sure about anything... to be honest!
Everyone must have their own analysis, I also have my own analysis. Because I don't think Bitcoin will drop below $ 52k anytime soon.
That's why I bought Bitcoin at $ 54k, and if it turns out that Bitcoin ends up dropping below $ 52k in price, i will not regret it.
Because as long as we buy Bitcoin with the money that we can afford to lose, there will be no problem buying Bitcoin at any price.
I hope Bitcoin can return to $ 60k soon this week, although the chances of Bitcoin going up to $ 60k are pretty small in my analysis.
That's why I bought Bitcoin at $ 54k, and if it turns out that Bitcoin ends up dropping below $ 52k in price, i will not regret it.
Because as long as we buy Bitcoin with the money that we can afford to lose, there will be no problem buying Bitcoin at any price.
I hope Bitcoin can return to $ 60k soon this week, although the chances of Bitcoin going up to $ 60k are pretty small in my analysis.
If somebody has bought on $53k, he's in profit already. But OP is telling a fact that there could be a more pullback for the price before it finally recovers.
But so far, the price seems to be stable and it's like that we're going to see bitcoin recover and goes back near to $60k soon.
But so far, the price seems to be stable and it's like that we're going to see bitcoin recover and goes back near to $60k soon.
Trust me, if you want to see a good altcoin season, then it's necessary for BTC to either stabilize or get a good correction in order to get its dominance level settled down which is actually stopping major alts making a move. BTC can only be stabilized once it reaches a level that's suitable for everyone so no huge buys/sells will be there and no such 5-10% moves which will give boost to the prices of some good projects which have already done 10-50x but didn't hold there and dropped down under 50-80%.
And although it has recovered a bit, I think we're about to see the next wave for correction.
Let it happen like that, and I am sure we are ready for that time, although we do not know when that will come or it will not happen in the next weeks.
But this situation still good to trade and make a small profit, but we really need to be careful to decide.
This situation seems too scary to enter the market, but you will find a good time to buy low and sell high if you can analyze the market.
Do not force yourself to make a big profit if the situation is not good, and I prefer to take a small profit constantly.
Trading can be done at any price at any moment. You trade based on what it will go up and down to at that day and that's it, you could make a profit when it is going down, or you could make a profit when it is going up. There is nothing that will keep you from profiting if you are careful, all depends on your trading talent. Of course the only thing that will be a bit difficult is the fact that investing will get more difficult, we are in a world where if everyone starts investing right now, we will profit because when everyone invests we profit from that, however if you invest and others get out that means we are going to end up losing money.But this situation still good to trade and make a small profit, but we really need to be careful to decide.
This situation seems too scary to enter the market, but you will find a good time to buy low and sell high if you can analyze the market.
Do not force yourself to make a big profit if the situation is not good, and I prefer to take a small profit constantly.
Some people are scared of exactly that, what if I invest right now and everything goes down afterwards? It is already so high, what if it starts to go down now? That is what people are afraid of, I am not but I do understand those people.
Bitcoin prices are below $ 55k now, for me this is a good opportunity to buy gradually at this level,
^ If OP bought BTC at this level price, OP will probably have now a profit of at least 2% from the initial capital.I know that after a short pullback there is a resistance, BTC will not down beyond $50k. It will not down straight as I have noticed with the price movement in the market. Nevertheless, that is my personal assumption, it will also change in a different direction.
However, it is very hard to know when is actually a dip in the price, just buy BTC and wait until 5 years, guarantee there is a new ATH.
Never say guarantee, but ya by the way we're looking at things I cannot see why we can't push for new ATHs in the next five to ten years.
Crazy to think 1% at this price level is $500++. Soon (or not soon, whenever) when we're in 6-digit territory, we'll be talking about fractions of a percentage when 1% is an entire grand.
What exciting times we live in and what exciting times we have to look forward to already!
Bitcoin prices are below $ 55k now, for me this is a good opportunity to buy gradually at this level,
^ If OP bought BTC at this level price, OP will probably have now a profit of at least 2% from the initial capital.I know that after a short pullback there is a resistance, BTC will not down beyond $50k. It will not down straight as I have noticed with the price movement in the market. Nevertheless, that is my personal assumption, it will also change in a different direction.
However, it is very hard to know when is actually a dip in the price, just buy BTC and wait until 5 years, guarantee there is a new ATH.
Bitcoin prices are below $ 55k now, for me this is a good opportunity to buy gradually at this level,
^ If OP bought BTC at this level price, OP will probably have now a profit of at least 2% from the initial capital.I know that after a short pullback there is a resistance, BTC will not down beyond $50k. It will not down straight as I have noticed with the price movement in the market. Nevertheless, that is my personal assumption, it will also change in a different direction.
However, it is very hard to know when is actually a dip in the price, just buy BTC and wait until 5 years, guarantee there is a new ATH.
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 is much better if you added the graphs in this scenario , But i hate to believe that there is a chance of bitcoin falling down back to 36k.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.
And guiding us not to buy in this deep? do you have some assurance of this happening?
i have just bought in 53k and i care nothing if what will comes next because my mind set is not to become late in the journey to the moon.
I feel I have to share this news with you all so that you guys won't say that I hid it. I believe that the top for BTC for this year is already there (i.e.; 61800) and I don't think BTC will be breaking it again, at least this year. I've shared what I'm seeing on the charts. I'm calling 61800 to be BTC's top for 2021. There are many analysts who will criticize me for this but I've only one thing to say - "Time will tell".
A very bold speculation based only on TA, and that is something that unfortunately cannot predict the price, at least not in the long run. For me personally to say that BTC has already reached its maximum ATH this year is pretty ridiculous, especially considering that we are in the year after halving, and that the interest of big players in BTC has never been greater.
Relying solely on TA in these circumstances is something that doesn't make much sense - because the ATH you're talking about can be broken today or tomorrow with the help of one big piece of news. I agree that the $60k zone has shown a lot of resistance, but I just don't see that this bull run can end this early - but as you say, time will tell if you were right.
Let it happen like that, and I am sure we are ready for that time, although we do not know when that will come or it will not happen in the next weeks.
But this situation still good to trade and make a small profit, but we really need to be careful to decide.
This situation seems too scary to enter the market, but you will find a good time to buy low and sell high if you can analyze the market.
Do not force yourself to make a big profit if the situation is not good, and I prefer to take a small profit constantly.
But this situation still good to trade and make a small profit, but we really need to be careful to decide.
This situation seems too scary to enter the market, but you will find a good time to buy low and sell high if you can analyze the market.
Do not force yourself to make a big profit if the situation is not good, and I prefer to take a small profit constantly.
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.
I am looking at this bulls area for BTCUSD right here, and will take buys if the current H4 closes outside the bulls area, having stopps somewhere below it. Next thing then, is to accumulate more buys on the M30 TF, to maximize possible gains if there are any decent entries.
Why not? Every dip is a buying opportunity. Those "triangles" and other chart readings might not be always the same or what you think. Hence, just buy when you see a dip. It is going to be okay even if its a bad "buy" - you know, since you are going to invest only what you can afford to lose. That's the golden rule right?
If the dip was the last buying opportunity, people would start regretting a lot. What if the "$25k" you are expecting never happens? You would keep on waiting an event that is never going to occur and miss all opportunities.
If the dip was the last buying opportunity, people would start regretting a lot. What if the "$25k" you are expecting never happens? You would keep on waiting an event that is never going to occur and miss all opportunities.
Bitcoin prices are below $ 55k now, for me this is a good opportunity to buy gradually at this level,
there is a possibility that the bitcoin price could dump to the $ 48k level, but I am sure this level will not be achieved that easily,
if it is reached then my advice is to buy it, lest you miss the moment.
there is a possibility that the bitcoin price could dump to the $ 48k level, but I am sure this level will not be achieved that easily,
if it is reached then my advice is to buy it, lest you miss the moment.
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
Pretty good technique for accumulation making sure not missing any dips. Nevertheless, If Btc breaks the $53,000 support there's no guarantee that It will fall below the $40,000 level.
If you have a good amount of capital, I guess $55,000 would be enough to get good profit once the bullrun proceeds. However, this week might be good for accumulation since the price action suggest a correction.
Pretty good technique for accumulation making sure not missing any dips. Nevertheless, If Btc breaks the $53,000 support there's no guarantee that It will fall below the $40,000 level.
If you have a good amount of capital, I guess $55,000 would be enough to get good profit once the bullrun proceeds. However, this week might be good for accumulation since the price action suggest a correction.
If you have a good amount of capital, I guess $55,000 would be enough to get good profit once the bullrun proceeds. However, this week might be good for accumulation since the price action suggest a correction.
The best trader is the one who accumulates in parts, like allocating 25% on each dip so that even if it dumps down 50%, you'll be in least loss compared to the loss you'd face if you go all-in at high price. The same principles should be followed when selling, so not to sell your complete position but in parts so that chances of extra profit making on any trade will remain highly possible. I've always traded BTC like that, but missed this grand bull run (had a position in BTC from $16k at 10x leverage and held it till $19k, so made almost 3x off it but my bad I didn't hold it else it'd have been one of the best trades of mine. I'd suggest to keep a bigger part saved for the lower support areas so when BTC drops there, buying it will be highly beneficial.
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
Pretty good technique for accumulation making sure not missing any dips. Nevertheless, If Btc breaks the $53,000 support there's no guarantee that It will fall below the $40,000 level.
If you have a good amount of capital, I guess $55,000 would be enough to get good profit once the bullrun proceeds. However, this week might be good for accumulation since the price action suggest a correction.
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
You're right. The dip is gone but not forever. I think you can still get into the following dip as for sure there will be another one. We have seen BTC fluctuate quite a lot but always bouncing off 53K so next time it closes in on this, if confident, buy the dip which we do really ask out for for something deeper.Now that the price is clinging back again(55k) at the moment where it did really have some +$1000 price movement in a course of 24 hours.
For those who had entered yesterday then they are making profits as of now but since the price isnt really moving that much then we do still have the tendency to touch down those supports.
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
You're right. The dip is gone but not forever. I think you can still get into the following dip as for sure there will be another one. We have seen BTC fluctuate quite a lot but always bouncing off 53K so next time it closes in on this, if confident, buy the dip If somebody has bought on $53k, he's in profit already. But OP is telling a fact that there could be a more pullback for the price before it finally recovers.
But so far, the price seems to be stable and it's like that we're going to see bitcoin recover and goes back near to $60k soon.
But so far, the price seems to be stable and it's like that we're going to see bitcoin recover and goes back near to $60k soon.
Trust me, if you want to see a good altcoin season, then it's necessary for BTC to either stabilize or get a good correction in order to get its dominance level settled down which is actually stopping major alts making a move. BTC can only be stabilized once it reaches a level that's suitable for everyone so no huge buys/sells will be there and no such 5-10% moves which will give boost to the prices of some good projects which have already done 10-50x but didn't hold there and dropped down under 50-80%.
Personally, I expect Bitcoin to drop to levels below 47k$, then it will be a good time to buy, at this time we must take advantage of the altcoin rise to achieve some additional profits before Bitcoin returns to 58k$ levels, of course we must deal with great caution with this stage because it is possible To be rather dangerous.
If somebody has bought on $53k, he's in profit already. But OP is telling a fact that there could be a more pullback for the price before it finally recovers.
But so far, the price seems to be stable and it's like that we're going to see bitcoin recover and goes back near to $60k soon.
But so far, the price seems to be stable and it's like that we're going to see bitcoin recover and goes back near to $60k soon.
If not, I am still wishing for a cheaper price at 40-45k and maybe all this regret fade away.
This price can be possible yes. The bear looks like is going to come even as the price struggles and goes up again today with $2000 bringing it to hit $55,000 plus but I think a proper correction may happen anytime soon as people are beginning to reinvest in altcoins in the believe is bull for altcoins.
But you don't need to regret if you sold your coin at some point because you made some profit.
I feel I have to share this news with you all so that you guys won't say that I hid it. I believe that the top for BTC for this year is already there (i.e.; 61800) and I don't think BTC will be breaking it again, at least this year. You must check the 4H charts to understand this that all the liquidity has now shifted down to areas where big guys are waiting to buy BTC at, because they feel it's too high the cost of BTC that they need to pay and that's why, the liquidity that BTC ate yesterday was just a trailer as it didn't even reach the major support point. I believe that BTC will still retrace towards $57k before shooting down under $45k and this time, it won't be a "dump" but a correction, a much needed correction. I'm not asking anybody here to sell/short BTC and if they do, they'll do it at their own risk as it's their trading choice. I've shared what I'm seeing on the charts. I'm calling 61800 to be BTC's top for 2021. There are many analysts who will criticize me for this but I've only one thing to say - "Time will tell".
Sounds good for those who are still aiming to enter at a cheaper price.
Also a better opportunity to remind newbies that Bitcoin is indeed volatile.
I regret that I sold before at $30k and I want to put it back in. $36k might be the best entry I could get if ever it will hit that number.
If not, I am still wishing for a cheaper price at 40-45k and maybe all this regret fade away.
Also a better opportunity to remind newbies that Bitcoin is indeed volatile.
I regret that I sold before at $30k and I want to put it back in. $36k might be the best entry I could get if ever it will hit that number.
If not, I am still wishing for a cheaper price at 40-45k and maybe all this regret fade away.
I would say that I am not really in the mood to check for the prices when I buy. You may think I am crazy and I would suggest you not to follow my lead because I could be very wrong. However I just buy, I only buy and that is good enough for me. Why would I care if it is low or high, I know it will be higher than whatever high it is right now, and I do not care if it is going down, I will buy now and I will buy when it goes down as well so I do not care. Long term investors look at what you guys are doing and how you guys get scared from the tiniest drops.
I bought bitcoin when it was at around 12-13k in 2018 and I bought until 3k as well, made my average into 6k, sold it when it went to 10k and it went even higher, so ever since that day I just keep buying, did my biggest purchase at around 6-7k level and that is when I realized I should put as much profit as I can into it.
I bought bitcoin when it was at around 12-13k in 2018 and I bought until 3k as well, made my average into 6k, sold it when it went to 10k and it went even higher, so ever since that day I just keep buying, did my biggest purchase at around 6-7k level and that is when I realized I should put as much profit as I can into it.
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.
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