Bitcoin will (probably) go lower.

[Lubang Bawah]

Even though bitcoin has been rising for the past few days, of course we understand that the price can be corrected again at any time, just like in 2021 which has seen it continue to rise until it peaks at $69k, everyone thought it would not fall below $45k again, but only less than a year the price hitting lows and dropping more than 50% by the end of 2022.

[lixer]

Even though bitcoin has been rising for the past few days, of course we understand that the price can be corrected again at any time, just like in 2021 which has seen it continue to rise until it peaks at $69k, everyone thought it would not fall below $45k again, but only less than a year the price hitting lows and dropping more than 50% by the end of 2022.

Correction is a part of how this market works but I think they are different from what the OP is expecting. The price that he calls is already too low for a correction. You gave an example last year that the price drop after reaching its ATH but I think what happened there is also not a correction but that is already a bear market. It happens after a bull run.

A bear market can be more brutal than a correction so many people already expected that the price can dip below $45k because it already touch the $40k level which is already lower than a normal correction. It was a long bear that happened last year so I salute those who stay put. Soon it's time for you guys to be rewarded. Just a little bit of wait.

[Nrcewker]

Even though bitcoin has been rising for the past few days, of course we understand that the price can be corrected again at any time, just like in 2021 which has seen it continue to rise until it peaks at $69k, everyone thought it would not fall below $45k again, but only less than a year the price hitting lows and dropping more than 50% by the end of 2022.

Bitcoin is an asset, so it’s obvious that sometimes it’s price will rise up and some times it will fall. Everything depends on the traders, and the demand they have for the Bitcoins. If the demand is high, then due to the limited supply of Bitcoins, the price will automatically go up, and the reverse happens when the demand is low. You can easily see this by focusing on a particular exchange’s transactions. If there are more buy orders then sell orders for the coin, then it proves that the demand is currently high. Moreover currently Bitcoins price have increased significantly, if we compare to last week. So tighten your seat belt, as Bitcoins can launch anytime to the sky.

[indah rezqi]

Bitcoin is an asset, so it’s obvious that sometimes it’s price will rise up and some times it will fall. Everything depends on the traders, and the demand they have for the Bitcoins. If the demand is high, then due to the limited supply of Bitcoins, the price will automatically go up, and the reverse happens when the demand is low. You can easily see this by focusing on a particular exchange’s transactions. If there are more buy orders then sell orders for the coin, then it proves that the demand is currently high. Moreover currently Bitcoins price have increased significantly, if we compare to last week. So tighten your seat belt, as Bitcoins can launch anytime to the sky.

I understand, prices are always affected by supply and demand. Currently this positive trend is expected to persist throughout the year as we had the previous year in a negative trend. Bearish has passed, but price correction is always possible.

We must not only think about the potential gains while ignoring the potential losses. About long-term investment, I hope we are really ready to get more budget if one day the price drops to low level. This means that the buy on dip strategy is my focus if the price drops deeply.