Will BTC dip again? - page 10. | Bitcointalksearch.org

GeorgeJohn

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Quote from: Reatim on March 23, 2024, 09:28:22 PM

For those of you out there who are planning on buying more coins
like me when the market dips, have you guys set a target price where
you will buy?

The price has not yet reached what is ideally the price I would want to
buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?

That's the reason why at any opportunity you find yourself in anything that relate to cryptocurrency you should do utilize it because that opportunity you cannot see it early moment again I know quite well now bitcoin is something that has to do with the increase in market flow, I need the opportunity is something that you must utilize because it has to do with timing and if you fail to utilize the opportunity you will not experience it again

Ricardo11

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Personally I think that Bitcoin will dip again. And it seems hard to go down to 50k but since the bitcoin market is so volatile it's impossible to say exactly how much it can go down. We will probably see the dip by April. We should consider this another buying opportunity. Because of this dip Bitcoin will pump again a big one. So it is best if from now on investing through this DCA method, it can be more profitable for us.

Renampun

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Quote from: Reatim on March 23, 2024, 09:28:22 PM

For those of you out there who are planning on buying more coins
like me when the market dips, have you guys set a target price where
you will buy?

The price has not yet reached what is ideally the price I would want to
buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?

The opportunity for the price of Bitcoin to continue to fall by several percent will continue to exist, especially since the halving will soon occur. Market corrections are a very common thing that happens in the crypto market, especially Bitcoin, and have happened repeatedly over the last few decades.
Therefore, investors are advised to use the DCA method, the aim is to consistently accumulate the amount of money invested and get profits in the future.

darkangel11

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Quote from: Reatim on March 23, 2024, 09:28:22 PM

bitcoin still go down to at least $50k?

IMO you should read about market structure and breaking a market structure. We are in a bull run and going down to $50k would break the market structure and show signs of a bear market, which is very unlikely after a breakout above an all time high and a halving in just 20 days. We had one such event in 2020, but it was caused by worldwide lockdown due to the pandemic and stocks crashed stocks to crash alongside bitcoin. It's not impossible, but the probability of such an event happening again twice in a row is very very low.
I usually don't wait for rare events to occur but put my money when I know it's safe and at this point bitcoin is a safe bet. IMO, we won't see $50k until this bull market ends with a nice new all time high and 73k is not that high. It's just a test.

LogitechMouse

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Quote from: Reatim on March 23, 2024, 09:28:22 PM

For those of you out there who are planning on buying more coins
like me when the market dips, have you guys set a target price where
you will buy?

Target price? No.
Target time frame is what I have planned.

I think that we will be seeing a dip a few days after the halving event, and that would be a good time to accumulate some coins and for me, that would be the final time that I will be accumulating any cryptocurrency because after that, I will be focusing on selling all of my crypto.

Quote from: Reatim on March 23, 2024, 09:28:22 PM

buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?

$50,000? There's a chance, but I predict that it will be kind of low.
I believe that the next time we will be seeing Bitcoin priced at $50,000 is when we are in a bear market already. I don't see Bitcoin dipping to as low as $50,000 at least this year. $60,000 maybe is the lowest that it can reach before the bull run.

You know what, just buy Bitcoin whatever the price is.

You believe that Bitcoin will reach $100,000 during the bull run? If yes then whatever the current price is, you will still get profit at the end of the day. NFA of course. Tongue

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Quote from: Reatim on March 23, 2024, 09:28:22 PM

The price has not yet reached what is ideally the price I would want to buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?

You just need to go back a couple of months to catch bytcoin below $40k, then would have been the time to buy at the price you are comfortable with, hoping Bitcoin crashes down most times leads to more hesitancy and you end up not buying at all.

With the current market sentiment, the chances of the price going below $50k is very low, we could have already had as much dip as we would get before we fully start on the bullrun ride to above $100k.

When you're hesitant to buy, like now, consider the possible percentage drop you are optimistic about and how much it would factor in if the bullrun materializes as you expect it to. If it's not too significant, there you have your answer.

MFahad

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Quote from: Reatim on March 23, 2024, 09:28:22 PM

For those of you out there who are planning on buying more coins
like me when the market dips, have you guys set a target price where
you will buy?

The price has not yet reached what is ideally the price I would want to
buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?

From the look of it, it's dipping a little bit because after dropping to $60k earlier, it went back to around $68k but then it went back to $63k recently and is now at around $65.5k or something. So it's a bit confusing but it does look like it is dipping currently.

No one in the market can tell you if it will drop to $50k or below that range because the halving event is almost here and the market generally starts recovering after that point, but this time around, the cyclic movements are a bit different than previous times, so anything can happen.

stomachgrowls

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Quote from: Reatim on March 23, 2024, 09:28:22 PM

For those of you out there who are planning on buying more coins
like me when the market dips, have you guys set a target price where
you will buy?

The price has not yet reached what is ideally the price I would want to
buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?

This is something a question that all would really be asking on which would the price would be going those kind of corrections or would really be that low? No one really knows
and this is why we would really be ending up on having those kind of assumptions when it comes to potential price on which there's no way that we could really be able to tell
Market makers, community demand and other fundamentals on which it would really be the main factors that would really be affecting the price.

We are still on pre-halving period on which there would really be still chances about those prices would really be going down but the thing we do have in mind is that
what if the price would be shooting up and would be leaving behind? For sure these are the things that you do have in mind. Cheesy

CageMabok

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Quote from: Reatim on March 23, 2024, 09:28:22 PM

For those of you out there who are planning on buying more coins
like me when the market dips, have you guys set a target price where
you will buy?

The price has not yet reached what is ideally the price I would want to
buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?

I think the buyers who are still doing it gradually to get Bitcoin, not all of them have set a certain price target on Bitcoin as long as the current price is still good enough for them. And on the one hand, I also don't think that Bitcoin will fall to $50K again if its resistance is still strong enough in the range of more than $60K. However, if you want to determine the purchase price at $50K, it's also not wrong because every decision is up to us when we want to buy something at a certain price.

Rabata

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Bitcoin being bullish or bearish doesn't follow any predictions. Many of us are predicting that Bitcoin will find a dip in a few days but that may not be happen. When Bitcoin was at 29K last year, no one would have thought that Bitcoin would be bullish in a short period of time. If anyone knew they would put all their wealth into Bitcoin. To those who were waiting for a dip at that time too, I wouldn't say it was a wrong decision but Bitcoin can be bullish at any time and based on the probability and for long-term investment one should hold on Bitcoin as much as possible at this point. Any current price for Bitcoin is eligible for purchase. Moreover, it is the only coin that get the all time high every bullish moment.

fuguebtc

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Quote from: Reatim on March 23, 2024, 09:28:22 PM

For those of you out there who are planning on buying more coins
like me when the market dips, have you guys set a target price where
you will buy?

The price has not yet reached what is ideally the price I would want to
buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?

If you've set a goal, why not stick to your plan ? Additionally, you are not a new investor and you also understand that no one can predict what the bitcoin price will be tomorrow . Why do you still ask questions like this ? If we say that bitcoin will continue to fall and even fall to $30k , will you believe us and wait? There is no answer to your question, do your own research and make your own decision . Be confident in your plans and strategies, don't be hasty and impulsive in investing .

pooya87

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It is hard to predict. Currently there is a fight going on between bulls and bears. Bulls are buying to push the price up and bears are dumping to bring it down. So far $60k proved to be a strong resistance and the price has a tendency to remain higher than $65k actually. So I'd say chances of entering $5Xk range is very low.

At times like this when you are doubtful of what to do and can't make a decision, it is best to wait for a strong signal. Like if a strong momentum shaped and price broke $70k to be sure that the rally has started and there is no chance of further drop. Or see a bigger dip below $60k and make your purchase there.
But that comes with a downside, you will have to not-buy in $60k to $70k range and miss that opportunity.

Mpamaegbu

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Quote from: Reatim on March 23, 2024, 09:28:22 PM

...bitcoin still go down to at least $50k?

If $50k is your target entry, you may be lucky to get that. It's certain that price will dump more after halving. So, I encourage you to wait till after halving if you can't get in at that price now. Don't be in a hurry to trigger any trade.

However, I'm so surprised that a good number of our members are still struggling to buy Bitcoin whereas they could've done that last year when Bitcoin was there and literally begging to be bought. I'm not even buying Bitcoin anymore. I saved up all I want to around $30k to $35k region last year. I'm done. I only look at altcoin investments now.

Husires

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Quote from: Reatim on March 23, 2024, 09:28:22 PM

buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?

wait for the price until it reaches an ideal price may not enable you to buy something, although it is possible to see $50k, but then you may think that the price may drop to $40k and that it is a good opportunity to buy more.

The failure of the price to collapse and the rapid rebound from the $62,000 may indicate that the price has begun to recover, and we may see slow growth, ignoring $70,000 more than $50,000.

Wapfika

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Quote from: Reatim on March 23, 2024, 09:28:22 PM

The price has not yet reached what is ideally the price I would want to
buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?

No one can tell you exactly on how far will the price go down since we are still in the bullish market despite the recent decline since the price doesn’t slide that much. A control up and down on the market means the bear is still not control which means a new ATH is still possible when the price moves upward for another leg.

But if price will go down to 50K level then expect that it will go deeper because that level is only on the panic zone which means 30K to 40K or even lower is possible. Just don’t let your emotion control because there’s always a perfect price to enter for strong bull market like this. Your sign is the long sideways on price.

btc78

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If we are being honest… $50k is pushing it already. It might be possible but it’s probably gonna be the maximum price for the mean time. Bitcoin’s market dipped after a surge and now we are seeing it recover so I am not that optimistic about a large decline in price. I say just buy right now if you could afford it because you might end up waiting too much that you never have the opportunity to buy.

kentrolla

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I can partially answer this if you ask me whether there would be any further dips yes there will be dips but nobody can predict the extend of dip to any absolute figure, just ensure you don't miss out the rally awaiting for prices to go below $50k which looks difficult at the moment. I would suggest you to get into the market in the next dip instead of waiting for it to go below $50k and stay vigilant on the market trend to ensure you cash out if it dips and buy at lower level instead of just waiting for the market to hit $50k.

FinePoine0

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Since the price of Bitcoin is uncertain, it is normal for the price of Bitcoin to fluctuate. Currently, the price of Bitcoin is still touching 63k, so dumping that much is not possible for me. Because I bought Bitcoin for a third of the current price and held it until 2025. I will release my hold in 2025 if the position is in a bull run. Because I know bitcoin will definitely peak after halving. So currently I have purchased some amount of Bitcoin as an investment for the future of Bitcoin.

dansus021

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Will BTC dip again? Like Super DIP no I just share my view and the bitcoin might gonna see a correction after a 6 month strike with green candle hahaha.

Bitcoin able to break its previous ATH but it don't able to make a new support at 70K zone so today is traded at 64K area, and image above show daily candlestick form the Binance Data and the worst scenario in my opinion is retested the last support zone at the Equilibrum Level or around 52K or the bitcoin would go sideaway from this level until the halving is done.

adaseb

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I can see it dipping perhaps max 30% and anymore than that and I would say that we peaked. Sure we had bigger dips before in a bull market but right now we got much more liquidity and we shouldn’t have the same volatility that we did back then.

And pretty sure if we dip below that and fail to bounce quickly then the top was $74K and we entered the bear market. But right now it’s too early too tell. Might chop around until the halving which is less than a month away.

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