Bitcoin is in Step Cycle | Good opportunity for buying more!

[Renampun]

*remember, don't buy and sell carelessly...
The best chance to add to your Bitcoin asset portfolio is of course by buying more when it 'dips'. most likely the current Bitcoin price has not reached the ATL for this year, I am still waiting for a great opportunity to buy at ATL this year.

[Fatunad]

*remember, don't buy and sell carelessly...
The best chance to add to your Bitcoin asset portfolio is of course by buying more when it 'dips'. most likely the current Bitcoin price has not reached the ATL for this year, I am still waiting for a great opportunity to buy at ATL this year.

Depends on what you do really after because not all would really be aiming for long term hodls which means they do actively trade and trying to figure out on what level
should really be the possible dip and this is the toughest challenge that you would really able to face up when making active day trades and with the help of technicals
even though it might not be that precise but at least you do have indications for you to presumpt on having a good entry which is better rather than
on making random calls without any indications which is actually a pure gamble.

[magneto]

As much as I am a long term bitcoin bull, I would advise everyone who is looking to buy at this price to take a step back and question themselves this: Are you buying to hold for the long run, or are you simply buying in order to take advantage of potential short term gains on the table?

If the latter, then pause and rethink your strategy. Longing BTC when the market is clearly FOMOing is simply not a good policy to undertake.

If instead the former, then by all means. As long as you have a good DCA strategy and are willing to hold for the long haul, then you should be good.

All TA break down eventually when macro trends reverse. This step cycle analysis included.

[yohananaomi]

I also believe that bitcoin will not fall in the long run. But he can still add some gray hair to us. It may be forming an inverted head and shoulders price pattern. Perhaps we are only at the initial period of the formation of this figure. If so, then we are in for reacumulation. But you always need to consider alternatives. This scenario will be canceled if the price falls below 40,000. I think so.

although it may drop below $ 40K, I can confirm that this is the moment when bitcoin will rise sharply and give ATH back. because the trend that has been done so far is to make a correction and will bounce back and reach a point when he was down.
Moreover, @elonmusk will reportedly buy more bitcoins, there will be a large buy back by many companies which will cause the price to skyrocket sharply again from the past.

actually this bitcoin trend is very good for day trading because the movement of bitcoin is short-term, so it is possible that the profit will be large because the daily price difference is also quite high. now it remains only to look for that opportunity.

[arufox]

I don't have good acknowledgment to read the chart but I have experience and belief for Bitcoin and altcoins this year. This year is the bullish year for cryptocurrency and the price will continue to increase, This year is not time for sell but it's time for buy and hold. Bullrish until when? I think like in 2017