it's happened at least 4 times when the bitcoin price dropped below $20k then within 3 days or less it returned to $20k, even less than 12 hours it skyrocketed more than 8%, anyone who knows bitcoin for at least a year will understand this so Whatever happens, don't panic.
We really shouldn't panic to see the price of Bitcoin drop to $18k, because previously Bitcoin has dropped below $20k, but always managed to
get back up again above the $20k price. That means Bitcoin has a fairly strong support price, and we must be optimistic that Bitcoin price will
recover soon. Therefore we must be calm in the face of the price decline that occurred in Bitcoin, even if we still have the capital to buy Bitcoin,
it would be better if we continue to buy Bitcoin every time the price drops. So when the Bitcoin price recovers we already have enough Bitcoin
to sell and can make a big profit.
Yeah, just show bitcoin's massive fluctuation and as we go back to the support line of $20k. So if you panic and then sold when you see $18k, then you lost the game already.
And another good thing is that we are nearing weekends, so trading might slow down, at least at the start of a new month, we are in the $20k range. Lot of room to make at least the next barrier of $22k this July. And as usual, if you have the money then this is the perfect time to buy bitcoin because the price has decline so much that it is considered cheap at $20k.
Unfortunately, some people are quite frustrated with the current Bitcoin price movement, because the Bitcoin price is moving steadily at a price of
$20k. In fact, to be able to make a profit on Bitcoin we do have to be patient and sometimes it takes quite a long time to be able to make a profit.
So if there are people who still think that Bitcoin can generate profits instantly, that person is getting the wrong information. Because Bitcoin is
indeed effective for long-term investments, so instead of being tired of thinking about when the Bitcoin price will pump, it's better if we just focus
on collecting as much Bitcoin as possible. Moreover, many people agree that the price of Bitcoin is now very low. But there are still people who
delay buying Bitcoin with the excuse of wanting to wait for the price of Bitcoin to drop even lower. Whereas based on my experience in the crypto
world, delaying buying Bitcoin can make us regret it, because we can miss the opportunity to buy Bitcoin at a low price.