If bitcoin is not able to maintain the support area above $30k, then there is a possibility that BTC will drop further with the nearest potential target in the $19k-$20k price range. Therefore, be wise in analyzing the market before deciding to buy or sell.
we even dropped to $17,000, this time many people were right when they said that if the price dropped below $28,000 it would reach $19,000, but it seems to me now the price is trying to rise but the selling pressure is very strong what is making the price fall to $18200 and go back up to $21000, I wonder how long this situation will last? because this way I'm seeing the price drop below $10,000 before it goes back up a lot again
What time OP. You're just talking about $30k and then bitcoin plummeted to $17k and still people don't want to buy because they think that there will be a lower dip that they'll see.
whoever thinks that the price can fall even further, that person is right, at that time we have to be cautious and the lower the person buys, the greater the profits will be when the price goes up a lot