Do not say that, BTC can move below any price, we should not be too rigid that something can't happen even if it looks so. If Bitcoin can move upward about $20,000 in just a month, it can move downwards even more depending on the cause and the situation of the chart. But for now, this is not feasible even as I believe that if Bitcoin can maintain the hold below $67,629, it can be in trouble, especially if it is moving lower and maintains a bearish trend when the halving happens. Though this may not happen, the fact that Bitcoin moved as high as it is now before halving, anything opposite or unplanned could happen after the having, so we should get prepared for the worst to happen.
Like I always say, our trading charts should be the main guide in this regard instead of speculating randomly with nothing to back it up. It is best to let us know the right thing to do at that time because what we are saying now is mere guesswork, we can continue to use that to refresh ourselves about the latest market condition as it's for better guidance overall. Going forward, I do not see Bitcoin moving lower than $60,000 myself, still, I just spotted a daily chart of Fibonacci support at $65,321. The level has been instrumental in making sure that Bitcoin did not slip below it, nonetheless, let's see how it goes over time. A breach below it might be so devastating for Bitcoin even as it might make it move to $60,000 or lower if the price action is negative and the sentiment is also strong enough to cause havoc.
That's correct. Just because Bitcoin surpassed its previous ATH, it doesn't mean that things can't go south for whatever reason. There's always the possibility to go below $60,000 or $50,000, and who knows how lower the price can go? If it can go upwards, it can go downwards as well. In the meantime, I personally doubt that we'll see anything below $60,000 as well, or in the worst-case scenario, $55,000.
The price of BTC below $50k not at all. One of the great things about Bitcoin's DIP price is that small investors will enter the market in the meantime which will further consolidate BTC's levels. I also hope to invest some of my savings in this opportunity. I plan to go to DIP and buy at-least $60k. But one regret always in me is that if I had found bitcoin forum 2 years ago then I would have been a successful businessman. Anyway let's start from now.
If I were to regret what I could have done differently 4-5 or more years ago, I would have gone insane. It's still unknown how much BTC I've lost on online wallets and services in 2014, losing seed phrases, or making stupid purchases, let alone that I didn't invest when it cost $300-$400. Just look forward and ignore the past.