I was thinking that before the end of this year Bitcoin will spike and get to $60k or not lower than $40k or far above it and it has just been my prediction, I also did not think that Bitcoin will even drop bellow the $28k level again this year, but I believe I got disappointed on my assumption and it was really a good thing that my assumption failed, because if it had not, I will not be able to buy bitcoin around $26k and also bought in $25k.
Like I said that this is just a clap of hands to call our attention because I know it concerns us that we need to buy the dip, even if we are waiting for the bottom, but you can still buy the dip and keep it in your portfolio, because Bitcoin price just don't fall in the hands of any man or authority to control. you can be waiting for the bottom and the price of Bitcoin will just begine to go bullish again.
Bitcoin price remained below expectations, but there is always the possibility that Bitcoin will rise quickly. It is necessary to follow the market. Sometimes there may be an instantaneous movement according to the news, but this movement in price is not permanent. There is a possibility that there will be a small movement at the end of this year, but if this movement occurs, I do not think it will be permanent.
Every investor has a price set for the purchase. That's why every investor determines his own bottom price. I think it is a mistake to expect to buy Bitcoin from the bottom. Because it is very difficult to achieve this. If the Bitcoin price rises while you are waiting for the bottom price, you will miss the price you expected.
Sometimes, you're right; we see those rapid, news-driven price spikes. But as you pointed out, they often dont last. Now, here's the thing. Everyone has their magic number, their "bottom price." But you're so right in saying that waiting for that elusive bottom can be a gamble.
If everyone's trying to play the same waiting game, you might end up waiting forever. And if you're waiting, and Im waiting, and she's waiting, who's really buying? If all of us waited for the bottom price, would it ever really come?
My two cents? Stay informed, be vigilant, but also be ready to adapt your strategy. After all, in the volatile world of Bitcoin, nothing's set in stone.