Topic: Will BTC dip again? - page 8. (Read 1765 times)

I'm also not willing to say all altcoin are bad as investment asset - meaning I also believe that some popular altcoin are still very much worth considering as long-term investment asset instead of just bitcoin. Diversifying investment is important - but not all bitcoin users agree to do so with altcoin.

Yes - we cannot ignore one direction which means the price can move in any direction and go against the trend. Prices will rise for a number of reasons - this also applies to why prices fall. There are always reasons why prices rise and fall - so don't ignore all possibilities. Simply put, market laws definitely apply – prices will fall if there is a lot of supply in the market, while prices will rise if demand increases.

Not all alts are bad, so we can also treat them like a Bitcoin in which we buy, hold and sell them at the top. Even though there are good coins like these, some people still don't have a good knowledge to be aware with it, making them worry when the market is in a bad condition and they can also sell at a loss if they can not take it anymore.

@OP yes, there will always be a dip right after a pump and in fact it had happened several times now during this month but if you asked if it will dip under $50k, hmm... I think not yet. We may need to finish this bull first and experience a new bear market for that to occur. It's up to you now if you can wait for that or you will buy now and still take advantage of the upcoming peak of the bull run.

the price might dips at some point, its only natural, a healthy rally will always have correction, otherwise the rally won't be healthy, though there are some outlier.
but overall i'm pretty sure there will be dips, but your concern might be on the price, even if price dipping i doubt it will ever go back as low as before, i'm sure the price of right now is already the future bottom price if it were to hit bearish.

therefore as long as it hasn't reached $100k im personally still consider it a safe buy, if you're so afraid, you can always wait for correction, waiting for it to go sub $30k might be wasting your time though since i doubt it will.
but at least there's always accumulating zone between every rally so that anyone can go invest and then make profit when rally arrives.

It is possible that bitcoin will not fall below $60k before the halving because people have high expectations and are willing to buy more bitcoin if the price corrects. But after the halving, there is no guarantee that ETFs will not take profits after days of accumulating bitcoin in very large volumes. And once they take profits, bitcoin price will certainly react very strongly and a drop to 50 thousand USD is entirely possible.
I used to think that the scenario where they pushed bitcoin down to $50k and started accumulating bitcoin again to prepare for another price increase was entirely possible. If OP bought most of the bitcoin at around $60k there is no reason to continue accumulating at this point, I think he can wait to get a better price.

We have to consider the risk if the market price does not match expectations because the price of 67k-70k is among the highest price lists, I might consider this to avoid price drops that will never be known in the future even though the market is approaching the halving, but there is no guarantee that the market promises to reach the highest price, trust the market will be corrected lower before forming a new movement pattern to encourage reaching a new ATH after the halving.

If you want to really buy Bitcoin before the halving, you must set achievable targets for any dip that might happen in the market and $50k is definitely one of such targets at this time that halving is in less than a month. I am convinced that Bitcoin will not go below $60k before the halving occurs.

My sincere opinion is to buy now that market has dipped below $70k because any trigger in the market now will push price high than it is already. You can see how fast the market is recovering after any minor dip, that is a sign that the strength of the market is to the up side.  In other words, the general market sentiment is bullish so corrections will continue to be shallow.

It is possible and also not possible because it can happen after Bitcoin halving is finished as some selling off might follow because profits will be taken. During this time the market might fall and an opportunity to buy Bitcoin will be available but again don't put all your hopes on this as it might not happen. I had the hope that Bitcoin gets to a new highest price after Bitcoin halving has passed as that's what I learnt from the research that I was making but things happened differently and things might just keep happening differently therefore we should be prepared for anything that happened and buy Bitcoin through DCA so that we don't miss buying Bitcoin and begin to wish we bought Bitcoin when we had the chances. Bitcoin will dip but at what price will the dip happen isn't known

In case you missed it, the rise back up to $70k was a positive signal but there was not a momentum there to be the incentive needed to start buying as I said in my first comment here for the case where you want to make a sure move. But it is still a positive signal showing the potential and the tendency to rise higher specially since we are getting closer to the halving.

I'll buy more when turns back low at $50k but that seems impossible this time.
Indeed, we have these corrections but was not enough to pull back. It looks like the price of Bitcoin will get stuck above $60k.
I would say that was not a good time to accumulate more. Well, maybe for those who have not yet, this could be their opportunity. Besides, we're not yet in the new ATH, the price will possibly rise after halving. Earning is still possible at his point especially when we wait for the new ATH before selling.

When you decide to buy BTC then you should buy today instead of waiting because I think the dip is constantly being exceeded in the current market.Even 2 years ago, many people decided to wait to buy the dip and did not get fruitful reflection. You will not join them.

I think your thinking is not right or you failed to keep track of market movements.Market correction is almost over and BTC bull run is expected in coming time so now is the time to buy dip.

I’m also convinced that we will not witness again price dipping into $50k or below. The correction I think was now over and most probably, bitcoin price is already heading above $70k until it reaches hopefully $80k before halving. However, if there’s a sudden negative news that will affect bitcoin and the market, then we will witness again another price decline. But for now, I guess bitcoin price is bound to skyrocket again.

Meanwhile, I think a lot of us have plans to buy more bitcoin but that will only be possible after the bull run, that is if you want to buy at a very ideal price so you can maximize your purchase with its affordable price.

No one actually can say what is really ahead of us before the halving, However, From my analysis of the market and with the current market situation right now, Bitcoin breaking up above $68k currently nullified the bearish trend in the immediate short term and we are done with major downloads corrections and until we hit $74k-$75k being next target move for Bitcoin as we see Bitcoin begin to recover from its loses last week.

Looking at how it could be going upwards more and more, it can be considered that we are making the right call. I know that it is going to take some time for people to get used to it, but that doesn't mean that we are going to end up with anything that will be different.

So, we should consider how we could make it work one way or another. I hope that people could see the change eventually, it is not going to be easy to get people to hype it again, but we could make it work one way or another when the price keeps going up. Even the fact that it is over 70k again is something they haven't cared much about just yet, so it would make sense to focus on that part first. If we can make people realize that, then they will be hyped again.

You really think the way I am thinking, having the feeling that ATL will occur to $50 may be a disheartened one because nothing show in the market, people who are willing and ready to hold BTC can not allow it Fall though it's still speculation but I think streak W and me see it as not too possible.

I think we already pass $50k already, currently we are seeing the price going up again in the last 34 hours to $70k. So that is a sign that we might not go down again and that $62k could be the last leg down before the eventual bull run after the block halving.

Of course, we wanted the price to go down still so that we can invest more. But then again, we have a lot of opportunities before, and that we should have taken that to buy and stash BTC. But we can still do save, but the profit is not that big as compare when we buy it during the bear market.

If you look at the current market performance it seems very difficult to expect the price of Bitcoin to fall to $50k. I see that Bitcoin will continue to increase, especially since the Halving is getting closer. So if you expect Bitcoin to drop $50k it seems likely after the Halving.

the price of bitcoin has clamped to seventy thousand [70k] and I believe if is to buy it would have been better for people who were ready to buy bitcoin as of that time to buy Bitcoin at of the period the price of bitcoin get increased, so I believe that price of bitcoin is not constant neither it falls and rise that makes the market of Bitcoin not to be that much reliable sometimes, the opportunity of bitcoin in the market, when it comes you have to utilize the opportunity and that is while you don't need to think otherwise whenever you are purchasing anything in bitcoin both long-term or short-term holding,  at of the time the price decreases to almost fifty thousand [50k] people who purchased at of that time with a bigger amount will be of good position right now.

the future of Bitcoin is unpredictable because it may rise today and tomorrow the price may drop with tye ratio of value you don't know about, so therefore I believe that the price of bitcoin interchanges and going more dip should be as result of the demands and the supply,  and it's obvious that when the demand is higher the supply the price of bitcoin skyrocket, but when the supply is higher than the demand the market reduces, so in summary the market of Bitcoin is unpredictable.

The thing is that some many people does not use the movement of candles sticks to read the market of Bitcoin, at least we should use the chat to indicate the movements of the price, we can not just stand on assumption that if the price have not gotten to this particular point we will not purchase bitcoin, their is every tendency that the price can retrace at any point in time, people who do that miscalculation of the price is people who is myopic of the interpreting the chat of the market, I don't believe on assumption, I do my research and compared with others predictions before I purchase bitcoin neither for short term or long-term.

Well, everyone has his/her speculations based on how they predict the market. Halving is in about 20 days, so how do they think the price will go lower than $50k any time soon? This year's bull run has been massive. See how Bitcoin is pumping even before the halving, imagine how it will be after the halving. Isn't it surprising for bitcoin to surpass and ATH of $69k before the halving despite falling to as low as 19k?

Waiting for bitcoin price to drop during this period before you buy might just put you in a difficult situation because the price might not dip anytime soon. Maybe later this year it would dip but I doubt it will happen anytime in the next 6 months. I believe that after the halving, we're going to see another surge in bitcoin price like it happened from 50k to 70k recently.

I agree also as do the majority that Bitcoin is not going back to $60k and lower but there are
some who believe it will and are holding out for that time while in the meantime the markets
are going in the opposite direction!


Nope, not setting any targets to buy, I buy whenever I can and practice DCA and if I have
something extra when there is a correction I buy then also. I dont hold cash to buy at lower
prices than today. I have learned a long time ago that the markets dont always go in the
direction I hope they do. I'm not a trader and I dont have the time to scrutinise the markets
for hours per day. I just buy when i can because in the long run I will be in profit.

It's hard to predict the Bitcoin future prices with certainty. Bitcoin market can be quite volatile and prices can fluctuate based on on various factors. Constantly waiting for the price to go lower can lead to indecision and missed opportunities, buying bitcoin regardless of the current price can indeed be profitable if you believe in it's future growth. You can start to accumulate using DCA strategy at a rate that fits your budget comfortably, as long as you DCA effectively and consistently, rather than waiting for bitcoin DIP to your preferable targets. DCA is a peaceful way to invest in bitcoin, if it DIPs you can still adjust it by  buying more frequently or in larger amounts.