Will BTC dip again?

[Rabata]

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By the way, not only you but many people I know are also planning to borrow money to invest because everyone believes that the bull season will come in a few months. But I want to remind you that no one can guarantee that history will repeat itself, so you need to consider carefully before deciding to borrow money to invest.

i agree that even though in past history bitcoin experienced a halving and then a few months the price rose significantly, but that cannot be a benchmark for us now, even borrowing money just to buy bitcoin is a risky thing because we don't know whether it really goes up or down. so it's best for people who plan to borrow money just to buy bitcoin for the halving later to remain alert and not be too fixated on potential profits to the point of ignoring the fact that they are borrowing money just to invest in it because the price of bitcoin could be different compared to before.

Imagine how much the price of Bitcoin has risen since the beginning? And is it ever possible that Bitcoin can go back to the previous level? Of course that is never possible. Again, we can't underestimate investing with borrowed money. Because many today have acquired their large portfolios by borrowing. I am not advocating borrowing but it is not bad to invest in Bitcoin for long term investment with little risk if needed and considering the potential profit. But before borrowing, you must see whether you are eligible to repay the money. If you can take a loan from a bank and buy bitcoins I must say it is a good idea but you must have the ability to repay the loan otherwise there are more risks with the loan.

[Essential10]

looking at the current market situation it seems impossible that in the near future the price of bitcoin will fall to $50k. in my opinion the upper and lower limits of bitcoin in the near future are $70k and $60k. So far the price of Butcoin has more often remained stable in the $60k-$65k range and it seems like $65k is a middle line that is very difficult to leave. Even though so far the halving has not caused the price of bitcoin to rise drastically, the halving can keep the price of bitcoin not far from the ATH.

Nobody knows if the price of Bitcoin will keep dropping or rises, so the only thing people can do is to be guesting, besides before this time they have been saying that Bitcoin will fall drastically but since then I have not seen any major fall on Bitcoin and now they are saying that price will rise, so you can see that predicting Bitcoin is not possible because when you will believe the price will increase that's when it moves the other direction so people should just keep buying Bitcoin instead of focusing on the price.

Look, different people with different analysis will give different predictions that the price of Bitcoin will be so, so much. If I were to guess this year, did anyone think Bitcoin would reach its peak price before the halving? Another case is that we've had price corrections before and after bitcoin halving but has that happened this year. The bottom line is that no matter how know you go, you can't accurately analyze where it will go. Looking at the Bitcoin market, I personally feel that the Bitcoin market will not go dip, Bitcoin will stay between $60k and $70k most of the time and start a run for the bull season. In my opinion you should continue to invest Bitcoin from this moment to reach new ATH.

[rhodelmabanal]

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?

You need to set a target because if you dont set a target you are just like a boat that goes with the wave wherever it will goes and you will end up losing, set a target on buying and selling to make profit, bitcoin will go to dip the problem is we don't know when so if there a chances even if not a big chance grab it buy and hold for good.

[AnonBitCoiner]

It seems that your prediction is correct and in recent days BTC has continued to experience a significant decline, this is also made worse by miners who sell their mining results in large amounts so that the market is corrected day by day and on the other hand I read news that long-holding BTC is also selling in large amounts. it was big too but now it has started moving again and now the price is at $69,934.65.

The price of bitcoin has reduced a lot and the main cause is unknown but if more people sell their bitcoin then the price starts to decline. Now the price is 67k$ which is a reduced price as compared to the previous price but this is not a big issue because this happens usually. Due to some rumours the price also changes a lot but with the ending of that rumours the market turn back to its rising value.

No matter how much reduction occurs in the value of bitcoin it will hit a new ATH at the current bull run and then people will forget about this dump. Usually prices like this are a new chance for those who wish to have some Bitcoin but due to the increased price they have not bought yet so I think purchase and hold longer.

[lepbagong]

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?

You need to set a target because if you dont set a target you are just like a boat that goes with the wave wherever it will goes and you will end up losing, set a target on buying and selling to make profit, bitcoin will go to dip the problem is we don't know when so if there a chances even if not a big chance grab it buy and hold for good.

Get used to setting a target when to let go and when to buy and immediately hold for a certain time according to your own analysis.
because I agree with you, if there is no target, then the opportunity that exists can be lost, and we don't get it anymore won't things happen like that, because they don't give a target according to what is desired.

Bitcoin could be corrected, and it is not impossible because the time for the increase to reach its highest level is still quite long, or it will indeed stagnate.