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Topic: Will BTC dip again? - page 4. (Read 1776 times)

hero member
Activity: 2282
Merit: 589
April 15, 2024, 11:28:56 AM
but the last fall of 62k did not stay that long , in just a couple of hours the price grows back to track but this time it seems that value stays lowering for how many days now and that alarmed many weak handed human and this is the effect of halving coming .
that is the many weaker investors acting .
I don't think there are many people who are worried about the price drop right now, except only the weak people like you said. Because if investors' thinking is still weak and afraid of falling prices like now, of course they are not suitable to be in the crypto market or as people who hold Bitcoin. Because investors should have been trained in conditions like today so that they will never worry or be afraid of a decline, which could even be their next option to buy Bitcoin again in this condition of falling prices.
Every investor must have the mentality of not being easily influenced by crypto market movements because they are sure that the crypto market price will definitely reach the ATH price, crypto history has proven that the increase in bitcoin prices never disappoints and weak investors will definitely regret their decision because they did not hold the asset to reach the ATH price .

But to reach the level of a professional investor is certainly very difficult because some investors have taken profit at the ATH price and some of them will reinvest when the market price drops drastically.
hero member
Activity: 1764
Merit: 514
Leading Crypto Sports Betting & Casino Platform
April 14, 2024, 07:43:53 AM
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?
Bitcoin is now in a slightly dip position since it's ATH. This time is more suitable for investment. Bitcoin is now at 64K from 72K. This recent decline is temporary. Yesterday's attack spooked investors amid tensions between Iran and Israel on Middle East. Investors sold their assets to protect themselves. But this is nothing new for Bitcoin holders. Bitcoin price remains bullish in any adverse situation if investors keep their faith as we have seen in the last covid 19. Moreover, the price of Bitcoin increased during the war between Russia and Ukraine. Today, prudent investors who perceive this period of dip as an opportunity are trying to increase their investments. In just a few days the halving will take place and Bitcoin price will definitely be bullish again in this halving. Holders will definitely be profitable in the long term.
hero member
Activity: 1302
Merit: 516
Bitcoin Casino Est. 2013
April 13, 2024, 11:13:45 PM
but the last fall of 62k did not stay that long , in just a couple of hours the price grows back to track but this time it seems that value stays lowering for how many days now and that alarmed many weak handed human and this is the effect of halving coming .
that is the many weaker investors acting .
I don't think there are many people who are worried about the price drop right now, except only the weak people like you said. Because if investors' thinking is still weak and afraid of falling prices like now, of course they are not suitable to be in the crypto market or as people who hold Bitcoin. Because investors should have been trained in conditions like today so that they will never worry or be afraid of a decline, which could even be their next option to buy Bitcoin again in this condition of falling prices.
full member
Activity: 2590
Merit: 228
April 13, 2024, 09:07:35 PM
So this is the fateful dip slightly anticipated not massive but nothing BTC does is that small generally and its arriving in time for the weekly closing bar as well.   However I see the negative price action as remaining contained thus far, the lows breached 62k down to 61.5k but has recovered above that level.  It is the close of the bar on whatever time frame that matters most of all so there is room for optimism at the moment.


We have closed once below 62.8k since March 4th and once again today is not that day hence slight optimism from a less worse scenario then a full sell can easily be.    See how it develops, this is below 50 day average which is not the best but we stay in the box that has contained BTC for some time.  Its still within a game of ping pong perhaps maybe.
but the last fall of 62k did not stay that long , in just a couple of hours the price grows back to track but this time it seems that value stays lowering for how many days now and that alarmed many weak handed human and this is the effect of halving coming .
that is the many weaker investors acting .
STT
legendary
Activity: 4102
Merit: 1454
April 13, 2024, 06:29:08 PM
So this is the fateful dip slightly anticipated not massive but nothing BTC does is that small generally and its arriving in time for the weekly closing bar as well.   However I see the negative price action as remaining contained thus far, the lows breached 62k down to 61.5k but has recovered above that level.  It is the close of the bar on whatever time frame that matters most of all so there is room for optimism at the moment.


We have closed once below 62.8k since March 4th and once again today is not that day hence slight optimism from a less worse scenario then a full sell can easily be.    See how it develops, this is below 50 day average which is not the best but we stay in the box that has contained BTC for some time.  Its still within a game of ping pong perhaps maybe.
sr. member
Activity: 1400
Merit: 420
April 13, 2024, 10:30:16 AM
We have longed stayed on the dip and its high time that we also have a sustained bull market to make the crypto investors profitable, we are not likely to have any bear market that will render us into dip as we already had before, we are enjoying the bullrun already and anticipating for more all time highs on crypto markets, if there should be any signal or indication for a bear market to go dip, such may be next year and not this time around.
Bitcoin price dumped a lot today but it is not a big problem as we can believe that Bitcoin will not dump much yet Bitcoin price is undergoing some correction and slowly trying to set a strong stable price in 70k. Bitcoin price has not risen much since the previous ATH. So we can expect a new ATH at a bigger price. But we have to be patient to see and enjoy it. And if you want to enjoy this opportunity, there is no alternative to long-term investment
sr. member
Activity: 812
Merit: 436
April 13, 2024, 09:07:16 AM
We have longed stayed on the dip and its high time that we also have a sustained bull market to make the crypto investors profitable, we are not likely to have any bear market that will render us into dip as we already had before, we are enjoying the bullrun already and anticipating for more all time highs on crypto markets, if there should be any signal or indication for a bear market to go dip, such may be next year and not this time around.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
April 13, 2024, 07:39:41 AM
Today, Bitcoin dropped a bit and the reason as far as I know is that big investors are starting to get pessimistic about the Fed not being able to rein in interest rates and there won't be any rate cuts this year. With this news, the entire financial market has dropped, not just bitcoin, and some people have begun to lose patience. But for me, as long as bitcoin doesn't fall below $60k the uptrend is not broken yet and I still believe it will break the ATH soon in the next few weeks. $80k-$85k will be the target that bitcoin will reach before a significant correction as many are expecting.
some weak hands definitely gonna just dump their bags at the most irrelevant news there is even more so when the news actually have something a lot to do with the growth of bitcoin, whatever small chance there is where it gonna taint bitcoin growth people just gonna be readying themselves to dump their bags, the recent dips are nothing more than an opportunity to reinvest for me, I just don't believe its gonna go anywhere below $60k.

for other people feel free to be pessimistic but im definitely not gonna miss the chance of making profit out of the dips after all every dips happen in bullrun (thats not disastrous) is an opportunity to make money.
but definitely some paper hand are too afraid to lose money to invest when dips are occuring so its definitely a chance for those that believe that bitcoin could reach whatever target they have in mind.

personally, I just ignore these dips if i have bitcoin or ethereum in my posession already, such momentary dips is not worth looking into, because such thing has happened so many times already i lost count this bullrun.
full member
Activity: 2576
Merit: 205
April 13, 2024, 07:14:35 AM
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?
I do , my plan is to take back what i have sold when the value grows at 73k
and planning to buy again if ever the price of bitcoin drops to at least 55k level.


Quote
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?
Possibilities are there but remember that if ever this does not reached then how
much are you targeting then? If I were you consider buying in below 65k or else shift
your funds in lower rank altcoins for more possible buy at low.
full member
Activity: 476
Merit: 141
April 13, 2024, 06:24:06 AM
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?

We are currently close to a very deep market, today I noticed bitcoin price continuously down from around 71 to around 65k and I was surprised that bitcoin price is down so much it is a big dip at the moment. So buying bitcoins during this deep market would be most beneficial. Those who have been holding off on Bitcoin at this current time have benefited the most.
legendary
Activity: 1554
Merit: 1139
April 13, 2024, 06:15:12 AM
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?
It’s not a bad plan to have a target price to initiate a buy but, even in the event that there is a target price without an order being placed in the market to initiate a buy automatically at a predetermined price, most investors always have the mirage that price would dip even more when a target price is already reached , this leads to procrastination and eventually, you don’t get to buy.

This is where the DCA strategy comes in, a non respecter of any price but rather, a qualifier of what you e hit for a spare investment fund.

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?
Should you be waiting on Bitcoin to dip at $50k, then you just might not be ready to buy Bitcoin in recent time or at all. I don’t see Bitcoin coming down to that price range any time soon. Best thing for you is to DCA otherwise, you would be missing a buy opportunity with a good price where you have it.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
April 13, 2024, 03:06:04 AM
BTC price action is flailing around like a snake dying in the Nevada desert sun.  At this point its ready to picked off by an eagle and be ripped apart for its failure to effectively move for so long, my bet would be it snaps back and bites the eagle to survive once again.    So long  as BTC stays above the 50 day average its good but its really taking its time at this point, hence might suffer great injury and pullback to 60 or into the 50k pricing.


I don't see any bad signs that bitcoin could drop to the $60k region, let alone $50k. What I see is that many people are starting to get pessimistic and lose patience because bitcoin hasn't had much volatility for a while. Additionally, people mostly hold altcoins instead of bitcoin and we can easily see that although bitcoin is neither increasing nor decreasing in price, many altcoins are bleeding slowly and making many people start to be pessimistic about bull market in the near future.

I believe bitcoin will explode soon as the halving gets closer and we will soon see a new ATH instead of a correction.

There is no signal for seeing the bitcoin market going dip for now, because we are still on the bullrun and the market even though can be unpredictable sometimes, but not also as to the extent of doing that bitcoin goes dip as low as $50,000 instead, we are seeing that the market may get to $80,000 before the commencement of the halving, but nothing is yet ascertained than everyone giving out his speculations.


Today, Bitcoin dropped a bit and the reason as far as I know is that big investors are starting to get pessimistic about the Fed not being able to rein in interest rates and there won't be any rate cuts this year. With this news, the entire financial market has dropped, not just bitcoin, and some people have begun to lose patience. But for me, as long as bitcoin doesn't fall below $60k the uptrend is not broken yet and I still believe it will break the ATH soon in the next few weeks. $80k-$85k will be the target that bitcoin will reach before a significant correction as many are expecting.
hero member
Activity: 1904
Merit: 541
April 13, 2024, 12:12:31 AM
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?

Yes, Bitcoin will go down, and that will happen again and again; we just don't know when and how deeply its price will drop in the market. But even so, many of us who have a broad and deep understanding of bitcoin will buy it and will continue to buy it and hold it at the right time when the holders know that they will benefit from it again.

This is the thing that makes bitcoin beautiful as a form of long-term investment for our investors, who trust and believe in these volatile assets in the time we are facing.
sr. member
Activity: 882
Merit: 215
#SWGT CERTIK Audited
April 12, 2024, 10:34:17 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?

Although there are still those who consider bitcoin as something opaque and very speculative with the potential for collapse, but I notice that for now it has led to a better improvement where demand is coming in so that it gives birth to a shift / market sentiment for the better and that is changing rapidly after a strong decline last year, one of which is an increase in investment from institutions.

Nope, there is no correction, on the contrary, the price is moving to $72k, maybe there was excitement as we are fast approaching block halving and so investors are pouring their money before that event event.

If we believe the great potential of BTC will indeed run as you intended, but we also have to be aware of this trend as you intended, because in every halving event, of course, it will not describe the same pattern all and there must be different.

hero member
Activity: 2282
Merit: 589
April 12, 2024, 05:47:33 PM
The price still has the potential to fall a lot before the halving, today is clear proof that it is true. But there are many factors that will likely keep the bitcoin price above $65k before the halving and one of them is increasing demand. Prices may fall at any time, but I am optimistic that prices will recover after a while.

It is possible that the price could fall higher than the price we predicted, this refers to the pattern of market movements since the significant increase from the beginning of February until now, it is possible that the same opportunity will occur in a market correction until just before the halving, my prediction is that the price will remain at $60 k or below, recovery will not occur in the near future because the ATH price was not achieved during the halving but several months after the halving, but this prediction will not be guaranteed because we have seen different market movement patterns in the halving period this year, the market managed to break the recovery record highest until it reaches ATH before the halving.
legendary
Activity: 2618
Merit: 1181
April 12, 2024, 03:13:23 PM
Bitcoin will still go down to $18k after the All Time High in 2025. So if you want to invest in bitcoin just Prepare you mind and soul for that.

Have you ever thought about how the price of bitcoin could fall to $18k again after the 2025 ATH?
I don't know how it happened and what the most influencing factors are, but a price drop after the price prints a new ATH is very possible. Next year's lows are very hard to predict, but I don't think $18k will occur.


But if you planning to buy at $50k in this coming halving I don't think you can get it at that price for now but after the ATH. And if it is for this halving period then you plan target should be $55k to $60k and above and that is the prediction price for it. Though others can also predict theirs. And if it is for the dip, it won't happen in anytime soon. And it is not only you that is waiting for bitcoin to go down but many. and the way I looked at it, this time when bitcoin will enter the dip the purchasing power will be very high. And that might make the network to be congested and the fee might be high again.

We pray that the transaction fee should not increase at that time when the market starts it bear season.

The price still has the potential to fall a lot before the halving, today is clear proof that it is true. But there are many factors that will likely keep the bitcoin price above $65k before the halving and one of them is increasing demand. Prices may fall at any time, but I am optimistic that prices will recover after a while.

Transaction fees can increase at any time regardless of the price of bitcoin. The main factor is the number of transactions in the mempool, not trading volume. Don't worry, although sometimes ordinal transactions affect transaction costs as before.
hero member
Activity: 700
Merit: 577
April 12, 2024, 01:22:55 PM
Bitcoin will still go down to $18k after the All Time High in 2025. So if you want to invest in bitcoin just Prepare you mind and soul for that. But if you planning to buy at $50k in this coming halving I don't think you can get it at that price for now but after the ATH. And if it is for this halving period then you plan target should be $55k to $60k and above and that is the prediction price for it. Though others can also predict theirs. And if it is for the dip, it won't happen in anytime soon. And it is not only you that is waiting for bitcoin to go down but many. and the way I looked at it, this time when bitcoin will enter the dip the purchasing power will be very high. And that might make the network to be congested and the fee might be high again.

We pray that the transaction fee should not increase at that time when the market starts it bear season.
STT
legendary
Activity: 4102
Merit: 1454
April 12, 2024, 12:57:55 PM
Overall my inclination longer term is not negative but my reasoning for why BTC can sell when it fails to rise is a general one always true, hot money.   BTC is massive compared to how it started but its also got this big by involving hot money, borrowed cash and leverage sent by FIAT Dollar.   Some people buy a price with zero genuine interest in that market, they need that price to move even a flat price is costing them

Leverage is toxic to BTC, its a terrible idea with oil and water dont mix levels of rejection if people dont make their profit off their dollars speculated they will retract harshly at times.    If you give me 100k and 2 months all I can do is give you back 100k maybe 97k as I spent a bit, its a disappointment far worse if you had costs to give that 100k that I returned no benefit to you on.

 A friendly loan and you had it spare its fine, if you made an effort to bend over backwards with cost of leverage to put that money out there in BTC market it can hit a bit harder and price can snap back a bit faster then expected.    Its only been a month and bit since todays price first registered, it might not matter so much just yet Im jumping the gun but thats why Im with my attempted analogy of us sitting in the desert sun; its only time but doing nothing could increasingly be hurting some parts of the market.
  Some people say you should sell about now every year and come back in the autumn.

Halvening is an event that is anticipated and price speculated beforehand but actually matters cumulatively over the entire year(s) afterwards so yea longer term but near term we have to watch theres no sting in a sell possible around 50 DMA.   62k is the bottom edge of this higher range, I'm drawing a line in the sand there; on the graph Tongue
hero member
Activity: 952
Merit: 555
20BET - Premium Casino & Sportsbook
April 12, 2024, 08:46:38 AM
BTC price action is flailing around like a snake dying in the Nevada desert sun.  At this point its ready to picked off by an eagle and be ripped apart for its failure to effectively move for so long, my bet would be it snaps back and bites the eagle to survive once again.    So long  as BTC stays above the 50 day average its good but its really taking its time at this point, hence might suffer great injury and pullback to 60 or into the 50k pricing.


I don't see any bad signs that bitcoin could drop to the $60k region, let alone $50k. What I see is that many people are starting to get pessimistic and lose patience because bitcoin hasn't had much volatility for a while. Additionally, people mostly hold altcoins instead of bitcoin and we can easily see that although bitcoin is neither increasing nor decreasing in price, many altcoins are bleeding slowly and making many people start to be pessimistic about bull market in the near future.

I believe bitcoin will explode soon as the halving gets closer and we will soon see a new ATH instead of a correction.

There is no signal for seeing the bitcoin market going dip for now, because we are still on the bullrun and the market even though can be unpredictable sometimes, but not also as to the extent of doing that bitcoin goes dip as low as $50,000 instead, we are seeing that the market may get to $80,000 before the commencement of the halving, but nothing is yet ascertained than everyone giving out his speculations.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
April 12, 2024, 07:32:47 AM
BTC price action is flailing around like a snake dying in the Nevada desert sun.  At this point its ready to picked off by an eagle and be ripped apart for its failure to effectively move for so long, my bet would be it snaps back and bites the eagle to survive once again.    So long  as BTC stays above the 50 day average its good but its really taking its time at this point, hence might suffer great injury and pullback to 60 or into the 50k pricing.


I don't see any bad signs that bitcoin could drop to the $60k region, let alone $50k. What I see is that many people are starting to get pessimistic and lose patience because bitcoin hasn't had much volatility for a while. Additionally, people mostly hold altcoins instead of bitcoin and we can easily see that although bitcoin is neither increasing nor decreasing in price, many altcoins are bleeding slowly and making many people start to be pessimistic about bull market in the near future.

I believe bitcoin will explode soon as the halving gets closer and we will soon see a new ATH instead of a correction.
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