Will BTC dip again?

[ShowOff]

Well we are coming in into a new quarter of the year and price may get into a new correction but I hope it wasn't that deep to hurt many investor and put their position to sell because they get caught up of their fear. If so, this will also cause to more decisive candle lower. Even BTC may have a dip, I will only perceive it as a short term price action and remain bullish in long term perspective. Halving is coming in and there would be more changes.  Until that happen, I believe any dip would be a better way to position yourself to another buying opportunity.

Nope, there is no correction, on the contrary, the price is moving to $72k, maybe there was excitement as we are fast approaching block halving and so investors are pouring their money before that event event.

Who knows, maybe we will reach another all time high pre-halving. But for those who are looking long term, not minding the incoming bull run, still a good time to accumulate. So I wouldn't be surprised if we maintain this price, above $70k before the halving and not seeing any dip as the sentiments are greedy or very positive for a incoming bull run.

There is always the possibility of a correction on the day Bitcoin halving occurs, so you should not ignore this possibility for whatever reason. I understand that many people expect the price of bitcoin to hit a new ATH before the halving (whatever that may be), but they should also not forget that a halving event can also trigger a correction regardless of how deep the drop is.

You are certainly right that today we have seen the price of bitcoin again above $72k, but this is not a definite reason why the price should rise higher before the halving. Just have a reserve plan to minimize the possibility of losses if a correction occurs, including DCA, buying dips and accumulation.

[Humblevirus]

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?

It is always good to have a price target whenever someone wants to enter the Bitcoin market, but truly, it is not always easy for someone to easily catch up with the price target. So the best way to take advantage of the Bitcoin price is by using the DCA method, which means buying Bitcoin on a monthly or weekly basis. By doing this, you definitely take advantage of the Bitcoin price; DCA is the only way. The truth is that many people have bitcoin prices that they want to enter the market for, but they will miss the opportunity because the price may not likely come down again. 

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?

At this moment, I am not sure that the Bitcoin price will come down to $50k. Even though Bitcoin wants to go down in price, I think it will only be $60k or $55k. If you want to invest in Bitcoin, just invest and try to hold for a long period of time so you can witness more bull runs and be able to make a reasonable profit. Timing the market is not really easy; many have tried that but ended up making no investment again because the price continues to increase, so let's be conscious of some price targets. 

[Kwarkam]

The fluctuation won't matter if you're a long term investor, unless you're an active trader. When you look at the bigger picture all these fluctuation in price won't matter since in the end, the graph is an upward one 📈

[STT]

BTC price action is flailing around like a snake dying in the Nevada desert sun.  At this point its ready to picked off by an eagle and be ripped apart for its failure to effectively move for so long, my bet would be it snaps back and bites the eagle to survive once again.    So long  as BTC stays above the 50 day average its good but its really taking its time at this point, hence might suffer great injury and pullback to 60 or into the 50k pricing.

[Ayers]

BTC price action is flailing around like a snake dying in the Nevada desert sun.  At this point its ready to picked off by an eagle and be ripped apart for its failure to effectively move for so long, my bet would be it snaps back and bites the eagle to survive once again.    So long  as BTC stays above the 50 day average its good but its really taking its time at this point, hence might suffer great injury and pullback to 60 or into the 50k pricing.

I don't see any bad signs that bitcoin could drop to the $60k region, let alone $50k. What I see is that many people are starting to get pessimistic and lose patience because bitcoin hasn't had much volatility for a while. Additionally, people mostly hold altcoins instead of bitcoin and we can easily see that although bitcoin is neither increasing nor decreasing in price, many altcoins are bleeding slowly and making many people start to be pessimistic about bull market in the near future.

I believe bitcoin will explode soon as the halving gets closer and we will soon see a new ATH instead of a correction.

[Dunamisx]

BTC price action is flailing around like a snake dying in the Nevada desert sun.  At this point its ready to picked off by an eagle and be ripped apart for its failure to effectively move for so long, my bet would be it snaps back and bites the eagle to survive once again.    So long  as BTC stays above the 50 day average its good but its really taking its time at this point, hence might suffer great injury and pullback to 60 or into the 50k pricing.

I don't see any bad signs that bitcoin could drop to the $60k region, let alone $50k. What I see is that many people are starting to get pessimistic and lose patience because bitcoin hasn't had much volatility for a while. Additionally, people mostly hold altcoins instead of bitcoin and we can easily see that although bitcoin is neither increasing nor decreasing in price, many altcoins are bleeding slowly and making many people start to be pessimistic about bull market in the near future.

I believe bitcoin will explode soon as the halving gets closer and we will soon see a new ATH instead of a correction.

There is no signal for seeing the bitcoin market going dip for now, because we are still on the bullrun and the market even though can be unpredictable sometimes, but not also as to the extent of doing that bitcoin goes dip as low as $50,000 instead, we are seeing that the market may get to $80,000 before the commencement of the halving, but nothing is yet ascertained than everyone giving out his speculations.

[STT]

Overall my inclination longer term is not negative but my reasoning for why BTC can sell when it fails to rise is a general one always true, hot money.   BTC is massive compared to how it started but its also got this big by involving hot money, borrowed cash and leverage sent by FIAT Dollar.   Some people buy a price with zero genuine interest in that market, they need that price to move even a flat price is costing them

Leverage is toxic to BTC, its a terrible idea with oil and water dont mix levels of rejection if people dont make their profit off their dollars speculated they will retract harshly at times.    If you give me 100k and 2 months all I can do is give you back 100k maybe 97k as I spent a bit, its a disappointment far worse if you had costs to give that 100k that I returned no benefit to you on.

 A friendly loan and you had it spare its fine, if you made an effort to bend over backwards with cost of leverage to put that money out there in BTC market it can hit a bit harder and price can snap back a bit faster then expected.    Its only been a month and bit since todays price first registered, it might not matter so much just yet Im jumping the gun but thats why Im with my attempted analogy of us sitting in the desert sun; its only time but doing nothing could increasingly be hurting some parts of the market.
  Some people say you should sell about now every year and come back in the autumn.

Halvening is an event that is anticipated and price speculated beforehand but actually matters cumulatively over the entire year(s) afterwards so yea longer term but near term we have to watch theres no sting in a sell possible around 50 DMA.   62k is the bottom edge of this higher range, I'm drawing a line in the sand there; on the graph

[Mate2237]

Bitcoin will still go down to $18k after the All Time High in 2025. So if you want to invest in bitcoin just Prepare you mind and soul for that. But if you planning to buy at $50k in this coming halving I don't think you can get it at that price for now but after the ATH. And if it is for this halving period then you plan target should be $55k to $60k and above and that is the prediction price for it. Though others can also predict theirs. And if it is for the dip, it won't happen in anytime soon. And it is not only you that is waiting for bitcoin to go down but many. and the way I looked at it, this time when bitcoin will enter the dip the purchasing power will be very high. And that might make the network to be congested and the fee might be high again.

We pray that the transaction fee should not increase at that time when the market starts it bear season.

[ShowOff]

Bitcoin will still go down to $18k after the All Time High in 2025. So if you want to invest in bitcoin just Prepare you mind and soul for that.

Have you ever thought about how the price of bitcoin could fall to $18k again after the 2025 ATH?
I don't know how it happened and what the most influencing factors are, but a price drop after the price prints a new ATH is very possible. Next year's lows are very hard to predict, but I don't think $18k will occur.

But if you planning to buy at $50k in this coming halving I don't think you can get it at that price for now but after the ATH. And if it is for this halving period then you plan target should be $55k to $60k and above and that is the prediction price for it. Though others can also predict theirs. And if it is for the dip, it won't happen in anytime soon. And it is not only you that is waiting for bitcoin to go down but many. and the way I looked at it, this time when bitcoin will enter the dip the purchasing power will be very high. And that might make the network to be congested and the fee might be high again.

We pray that the transaction fee should not increase at that time when the market starts it bear season.

The price still has the potential to fall a lot before the halving, today is clear proof that it is true. But there are many factors that will likely keep the bitcoin price above $65k before the halving and one of them is increasing demand. Prices may fall at any time, but I am optimistic that prices will recover after a while.

Transaction fees can increase at any time regardless of the price of bitcoin. The main factor is the number of transactions in the mempool, not trading volume. Don't worry, although sometimes ordinal transactions affect transaction costs as before.

[boty]

There is no signal for seeing the bitcoin market going dip for now, because we are still on the bullrun and the market even though can be unpredictable sometimes, but not also as to the extent of doing that bitcoin goes dip as low as $50,000 instead, we are seeing that the market may get to $80,000 before the commencement of the halving, but nothing is yet ascertained than everyone giving out his speculations.

It is true that no one can know for sure when the price of Bitcoin will decline again so they can take advantage of this moment to collect as much as they can in order to make a profit from the investment they make and everyone can predict according to their analysis that Bitcoin will reach the price what they have mentioned and I agree with what you said is that the price will experience a slight correction before the halving occurs.

[erep]

The price still has the potential to fall a lot before the halving, today is clear proof that it is true. But there are many factors that will likely keep the bitcoin price above $65k before the halving and one of them is increasing demand. Prices may fall at any time, but I am optimistic that prices will recover after a while.

It is possible that the price could fall higher than the price we predicted, this refers to the pattern of market movements since the significant increase from the beginning of February until now, it is possible that the same opportunity will occur in a market correction until just before the halving, my prediction is that the price will remain at $60 k or below, recovery will not occur in the near future because the ATH price was not achieved during the halving but several months after the halving, but this prediction will not be guaranteed because we have seen different market movement patterns in the halving period this year, the market managed to break the recovery record highest until it reaches ATH before the halving.

[YUriy1991]

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?

Although there are still those who consider bitcoin as something opaque and very speculative with the potential for collapse, but I notice that for now it has led to a better improvement where demand is coming in so that it gives birth to a shift / market sentiment for the better and that is changing rapidly after a strong decline last year, one of which is an increase in investment from institutions.

Nope, there is no correction, on the contrary, the price is moving to $72k, maybe there was excitement as we are fast approaching block halving and so investors are pouring their money before that event event.

If we believe the great potential of BTC will indeed run as you intended, but we also have to be aware of this trend as you intended, because in every halving event, of course, it will not describe the same pattern all and there must be different.

[gunhell16]

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?

Yes, Bitcoin will go down, and that will happen again and again; we just don't know when and how deeply its price will drop in the market. But even so, many of us who have a broad and deep understanding of bitcoin will buy it and will continue to buy it and hold it at the right time when the holders know that they will benefit from it again.

This is the thing that makes bitcoin beautiful as a form of long-term investment for our investors, who trust and believe in these volatile assets in the time we are facing.

[Ayers]

BTC price action is flailing around like a snake dying in the Nevada desert sun.  At this point its ready to picked off by an eagle and be ripped apart for its failure to effectively move for so long, my bet would be it snaps back and bites the eagle to survive once again.    So long  as BTC stays above the 50 day average its good but its really taking its time at this point, hence might suffer great injury and pullback to 60 or into the 50k pricing.

I don't see any bad signs that bitcoin could drop to the $60k region, let alone $50k. What I see is that many people are starting to get pessimistic and lose patience because bitcoin hasn't had much volatility for a while. Additionally, people mostly hold altcoins instead of bitcoin and we can easily see that although bitcoin is neither increasing nor decreasing in price, many altcoins are bleeding slowly and making many people start to be pessimistic about bull market in the near future.

I believe bitcoin will explode soon as the halving gets closer and we will soon see a new ATH instead of a correction.

There is no signal for seeing the bitcoin market going dip for now, because we are still on the bullrun and the market even though can be unpredictable sometimes, but not also as to the extent of doing that bitcoin goes dip as low as $50,000 instead, we are seeing that the market may get to $80,000 before the commencement of the halving, but nothing is yet ascertained than everyone giving out his speculations.

Today, Bitcoin dropped a bit and the reason as far as I know is that big investors are starting to get pessimistic about the Fed not being able to rein in interest rates and there won't be any rate cuts this year. With this news, the entire financial market has dropped, not just bitcoin, and some people have begun to lose patience. But for me, as long as bitcoin doesn't fall below $60k the uptrend is not broken yet and I still believe it will break the ATH soon in the next few weeks. $80k-$85k will be the target that bitcoin will reach before a significant correction as many are expecting.

[Smartvirus]

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?

It’s not a bad plan to have a target price to initiate a buy but, even in the event that there is a target price without an order being placed in the market to initiate a buy automatically at a predetermined price, most investors always have the mirage that price would dip even more when a target price is already reached , this leads to procrastination and eventually, you don’t get to buy.

This is where the DCA strategy comes in, a non respecter of any price but rather, a qualifier of what you e hit for a spare investment fund.

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?

Should you be waiting on Bitcoin to dip at $50k, then you just might not be ready to buy Bitcoin in recent time or at all. I don’t see Bitcoin coming down to that price range any time soon. Best thing for you is to DCA otherwise, you would be missing a buy opportunity with a good price where you have it.

[FinePoine0]

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?

We are currently close to a very deep market, today I noticed bitcoin price continuously down from around 71 to around 65k and I was surprised that bitcoin price is down so much it is a big dip at the moment. So buying bitcoins during this deep market would be most beneficial. Those who have been holding off on Bitcoin at this current time have benefited the most.

[rodskee]

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?

I do , my plan is to take back what i have sold when the value grows at 73k
and planning to buy again if ever the price of bitcoin drops to at least 55k level.

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?

Possibilities are there but remember that if ever this does not reached then how
much are you targeting then? If I were you consider buying in below 65k or else shift
your funds in lower rank altcoins for more possible buy at low.

[shinratensei_]

Today, Bitcoin dropped a bit and the reason as far as I know is that big investors are starting to get pessimistic about the Fed not being able to rein in interest rates and there won't be any rate cuts this year. With this news, the entire financial market has dropped, not just bitcoin, and some people have begun to lose patience. But for me, as long as bitcoin doesn't fall below $60k the uptrend is not broken yet and I still believe it will break the ATH soon in the next few weeks. $80k-$85k will be the target that bitcoin will reach before a significant correction as many are expecting.

some weak hands definitely gonna just dump their bags at the most irrelevant news there is even more so when the news actually have something a lot to do with the growth of bitcoin, whatever small chance there is where it gonna taint bitcoin growth people just gonna be readying themselves to dump their bags, the recent dips are nothing more than an opportunity to reinvest for me, I just don't believe its gonna go anywhere below $60k.

for other people feel free to be pessimistic but im definitely not gonna miss the chance of making profit out of the dips after all every dips happen in bullrun (thats not disastrous) is an opportunity to make money.
but definitely some paper hand are too afraid to lose money to invest when dips are occuring so its definitely a chance for those that believe that bitcoin could reach whatever target they have in mind.

personally, I just ignore these dips if i have bitcoin or ethereum in my posession already, such momentary dips is not worth looking into, because such thing has happened so many times already i lost count this bullrun.

[Aanuoluwatofunmi]

We have longed stayed on the dip and its high time that we also have a sustained bull market to make the crypto investors profitable, we are not likely to have any bear market that will render us into dip as we already had before, we are enjoying the bullrun already and anticipating for more all time highs on crypto markets, if there should be any signal or indication for a bear market to go dip, such may be next year and not this time around.

[leonair]

We have longed stayed on the dip and its high time that we also have a sustained bull market to make the crypto investors profitable, we are not likely to have any bear market that will render us into dip as we already had before, we are enjoying the bullrun already and anticipating for more all time highs on crypto markets, if there should be any signal or indication for a bear market to go dip, such may be next year and not this time around.

Bitcoin price dumped a lot today but it is not a big problem as we can believe that Bitcoin will not dump much yet Bitcoin price is undergoing some correction and slowly trying to set a strong stable price in 70k. Bitcoin price has not risen much since the previous ATH. So we can expect a new ATH at a bigger price. But we have to be patient to see and enjoy it. And if you want to enjoy this opportunity, there is no alternative to long-term investment