Topic: Will BTC dip again? - page 7. (Read 1765 times)

Those who only always regret what happened in the past will never be able to succeed, let alone become a successful businessman. I bet you, if you don't dare to buy bitcoin at the current price of 65 thousand USD, you will never have the courage to buy bitcoin 10 years ago or 2 years ago. Even though Bitcoin is much more expensive than before, it is becoming much safer than before. And if you don't dare buy it now, what guarantee do you have that you will have buy it 2 years ago?

Those who did not buy before were those who did not have enough courage and did not dare to take risks, and now when they see the price of bitcoin increasing rapidly, they regret it. But if bitcoin crashes, they will be proud and think they made the right decision not to buy it, LOL.

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.

Of course as a smart investor it is necessary to pay attention to the purchase price of bitcoin, but this is relatively dependent on each target in investing in bitcoin, as far as I do in investing it is necessary to pay attention to the purchase price as a price that is feasible to buy in accumulating bitcoin, because we don't want to when buying bitcoin at the top of the price, it is an action that will take time, especially purchases made at ATH prices, it is very annoying for me because I have to wait longer and if accumulating at high prices even though one day I get a cheap price the average purchase price will also be high.

So it would be better to buy at every price drop in accumulating bitcoin and here you also need to see activity on the chain to shed a little light on the decisions you make when making purchases. Don't always wait but don't take the wrong step either.

If Bitcoin dips again some people will still not buy but they are the ones saying Bitcoin should dip that they're ready to buy. Investors that want to own Bitcoin will buy Bitcoin in spite of the market condition because they know that the market is unpredictable. Bitcoin will dip again because that's how Bitcoin does but when it dips don't be among those individuals that'll be procrastinating that they're going to wait to buy Bitcoin when it dips down again. We are about entering a happy time for Bitcoin because the price will see alot of growth after the halving. Accumulate Bitcoin through DCA and you won't be concerned about the prices dipping or not. Bitcoin price is seeing some pullback and the price might go back to $60k but I would not be concerned about the short term dips.

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.

BTC price may not fall back to $50k but I still believe that there will be possibility for a dip before the halving, the halving is close but since the price of BTC set a new ATH before halving, there will be some late hour corrections before the halving appears so expecting a dip is very possible and you can still buy but don't rely too much on an extreme dip because I don't see that happening till after bull run.

Even though there are many predictions about Bitcoin reaching a certain price, even though I know this is not certain, it is the desired price, but in bullish conditions like this, we have to be sensitive to the current conditions to collect Bitcoin, even though it has fallen again by $50k, but with optimism, it can rise again, even though Their expectations are too far from reality when the market is down. The ideal price that I want a slight correction considers a safe purchase

Compared to last year, it is true that the price of bitcoin has increased a lot and buying bitcoin now will not be as profitable as buying bitcoin last year or in 2022. But what about new entrants to the market? If they hesitate and do not buy because they think the price of bitcoin is too high, they will no longer have the opportunity to buy bitcoin. Because I believe it is very difficult for bitcoin to fall below $50k or $40k. Meanwhile, bitcoin still has a chance to increase to 100k USD, so buying now is not too bad if we have long-term goals.

It will be very difficult to determine the price of Bitcoin because sometimes someone could be left out while thinking that Bitcoin price will get to a particular price, although there has been so many predictions about Bitcoin to have some corrections before peaking but there is no certainty about that, so even if the price will drop I don't think it will be a good idea to set our buying targets within $50k because I doubt if the Bitcoin price will drop to that level and if it happens that it did not get to that level before peaking that means that those that set there buying level on that price will automatically be left out.

Many people like you made this comment when Bitcoin was at $40k. You have to know is that today's price is in the dips compared to when it will hits $85k or $90k next month. Although I prophesied for the sake of understanding, it is not at all implausible.

We can experience some corrections but knowing a dip again like we experienced last year, that seems impossible this time. Although we know that it was uncertain, still we believe that this year we're going to be bullish again, not bearish. If we think about buying and waiting for the dip, we'd rather change our strategy and take the usual corrections to accumulate some rather than wait for a huge correction/dip as we just waste our time doing it.

But IMO, this is not the right time for accumulating Bitcoin. It was supposed to be doing last year while the price was in the dip, not in this bullish condition. Of course, we can still make some profit but not that much if we are buying at a cheaper price.

This is a question we have no answer to. Nevertheless, I would like to see bitcoin fall to $50k but that's not what someone will stay put waiting for such a price to come into play whereby they can take advantage of it by applying a DCA strategy of accumulation of bitcoin rather than waiting for bitcoin to have a correlation market, which they don't know what price will bitcoin fall to and when will it happen.

Who would have thought bitcoin to give a new ATH before halving? But here it is giving a new ATH and waxing strong in it.

Bitcoin giving a new ATH before halving is supposed to teach us that we can't ascertain how the market can be in weeks or months. All we can do is make predictions, which can come true or not. However, that shouldn't be our benchmark for investing in Bitcoin. We are investing in bitcoin because we have the spare money and for future profits, not otherwise. 

We will never be able to predict the price of Bitcoin accurately, but based on the current correction, there is a possibility that a correction will occur to below $60k in April, I am sure that the market will fall significantly before the halving because the impact of the current increase is influenced by the halving trend getting closer, but some whales cut profits because they have made profits from short-term trades.

This market effect may be affected on the portfolio of short term traders as they will have to cut profits before the price lowers, but if investors do not need to worry about the current market movement conditions because the market is forming strong support at the lowest price if the market corrects and the market will creating significant upside at the next bullish moment to reach ATH.

Maybe they're not wrong, but I think their hopes are too far from reality. I'm not sure the price will drop to $50k again as the halving approaches, but otherwise the price will probably be higher. A price correction is always possible as of now, but I tend to be optimistic that it will only be a short-term move before recovering to find its new ATH again.

By the way, can anyone predict what the lowest price bitcoin might get this April?
Right now priced between $68k to $69k, but it's still possible to drop more. Can't say $68k is strong support, unless we get back to $70k.

Waiting for Bitcoin's price to drop to $50K again is also not wrong for someone who had sold at the peak when he saw the price of $73K. Because this is something that has provided benefits for him and is also not wrong to do because it is a strategy that is quite unique in terms of making a profit. But for now I'm not so sure that the price will fall back to $50K again because the price support in the $70K range is still quite strong even though we don't know how long Bitcoin will continue to hold that level this year.

Why taking risks bro? We know that we are dealing now with Bitcoins. Hence it’s always ideal to just buy the coins without thinking of the price. We have known Bitcoins are very capable and we also know that these coins are limited in numbers. Hence it’s ideal for us to accumulate as many as we can these rare coins. If you wait for the dip, you might miss the golden chance to buy the coins. Hence, don’t greed for more and buy the coins now.

keeping my target at 50k , means if once bitcoin reaches that level again then the chance is on me but the problem is if bitcoin do not fall that price then i will continue to wait even if this comes after 2025.
I believe that you have sold your holding when the price reached the top at 73k this is the reason why you are waiting for the dip.


I will join your there mate ,

i may also consider at 55k but if given a chance then i would love that 50 k.

When someone were to ask like hey when is the perfect time to buy bitcoin, majority of the answers are "during the dip" or "wait for a sharp correction". It isn't a wrong answer though, but the real challenge starts with that kind of answer, because people who are being told might be looking and waiting for the bottom.
IMO, the current bitcoin price is still considered a good buy as we all know bitcoin still has a lot of potential considering that we are constantly seeing adoptions and more industry are embracing and recognizing bitcoin as a currency to be used to pay for goods and services. $100k - $150k is the most realistic figure if we're to follow the 4 year cycle bitcoin price actions, since bitcoin usually sky rocket several months after the halving. I have one thing to look forward too, 2024 will be a good run for bitcoin maybe until the first quarter of 2025.

An investor can never predict when Bitcoin will go dip. Investors won't find the dip until Bitcoin goes into that state, even if they want to. Investors can invest in Bitcoin depends on an common idea. After every bull run, Bitcoin can have a slight correction, sometimes even higher. But considering the recent times surely the investor can take an investment decision. The Bitcoin halving is only days away and the impact of Bitcoin ETFs is likely to push Bitcoin to the upside. And I think it's typical to be bullish there rather than looking for dips at this time. But by the nature of Bitcoin it will definitely find the dip but it may take a long time. Again, those who are expecting a dip may not the level of dip.

People are scared of buying now because the price has gotten beyond the previous ATH but truth be told they are still some strength for the price to push up abit because the halving haven't arrived and their is past records on the price to actually move higher after the halving so this bull that the market experience is actually set to be a pre-run because their is expectations on the price to go higher even above the current $71k threshold even upto $100k or $150k so buying now can still be counted as a good move.