Will BTC dip again?

[Marvell1]

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?

If you want to really buy Bitcoin before the halving, you must set achievable targets for any dip that might happen in the market and $50k is definitely one of such targets at this time that halving is in less than a month. I am convinced that Bitcoin will not go below $60k before the halving occurs.

My sincere opinion is to buy now that market has dipped below $70k because any trigger in the market now will push price high than it is already. You can see how fast the market is recovering after any minor dip, that is a sign that the strength of the market is to the up side.  In other words, the general market sentiment is bullish so corrections will continue to be shallow.

It is possible that bitcoin will not fall below $60k before the halving because people have high expectations and are willing to buy more bitcoin if the price corrects. But after the halving, there is no guarantee that ETFs will not take profits after days of accumulating bitcoin in very large volumes. And once they take profits, bitcoin price will certainly react very strongly and a drop to 50 thousand USD is entirely possible.
I used to think that the scenario where they pushed bitcoin down to $50k and started accumulating bitcoin again to prepare for another price increase was entirely possible. If OP bought most of the bitcoin at around $60k there is no reason to continue accumulating at this point, I think he can wait to get a better price.

[shinratensei_]

the price might dips at some point, its only natural, a healthy rally will always have correction, otherwise the rally won't be healthy, though there are some outlier.
but overall i'm pretty sure there will be dips, but your concern might be on the price, even if price dipping i doubt it will ever go back as low as before, i'm sure the price of right now is already the future bottom price if it were to hit bearish.

therefore as long as it hasn't reached $100k im personally still consider it a safe buy, if you're so afraid, you can always wait for correction, waiting for it to go sub $30k might be wasting your time though since i doubt it will.
but at least there's always accumulating zone between every rally so that anyone can go invest and then make profit when rally arrives.

[lixer]

What do you think will happens if the market dips again, we are not to be afraid because bitcoin is not such that should be treated in such regards as we do with alts, the market will always rises whenever it falls, but if we are not going to miss out on this, then we must be able to wait and hold while the waiting is awaiting to be pumped back again, but when we invest on alts, we are likely to be more overwhelmed by uncertainties.

Not all alts are bad, so we can also treat them like a Bitcoin in which we buy, hold and sell them at the top. Even though there are good coins like these, some people still don't have a good knowledge to be aware with it, making them worry when the market is in a bad condition and they can also sell at a loss if they can not take it anymore.

@OP yes, there will always be a dip right after a pump and in fact it had happened several times now during this month but if you asked if it will dip under $50k, hmm... I think not yet. We may need to finish this bull first and experience a new bear market for that to occur. It's up to you now if you can wait for that or you will buy now and still take advantage of the upcoming peak of the bull run.

[_BlackStar]

-snip-

Not all alts are bad, so we can also treat them like a Bitcoin in which we buy, hold and sell them at the top. Even though there are good coins like these, some people still don't have a good knowledge to be aware with it, making them worry when the market is in a bad condition and they can also sell at a loss if they can not take it anymore.

I'm also not willing to say all altcoin are bad as investment asset - meaning I also believe that some popular altcoin are still very much worth considering as long-term investment asset instead of just bitcoin. Diversifying investment is important - but not all bitcoin users agree to do so with altcoin.

@OP yes, there will always be a dip right after a pump and in fact it had happened several times now during this month but if you asked if it will dip under $50k, hmm... I think not yet. We may need to finish this bull first and experience a new bear market for that to occur. It's up to you now if you can wait for that or you will buy now and still take advantage of the upcoming peak of the bull run.

Yes - we cannot ignore one direction which means the price can move in any direction and go against the trend. Prices will rise for a number of reasons - this also applies to why prices fall. There are always reasons why prices rise and fall - so don't ignore all possibilities. Simply put, market laws definitely apply – prices will fall if there is a lot of supply in the market, while prices will rise if demand increases.

[DaNNy001]

therefore as long as it hasn't reached $100k im personally still consider it a safe buy, if you're so afraid, you can always wait for correction, waiting for it to go sub $30k might be wasting your time though since i doubt it will.
but at least there's always accumulating zone between every rally so that anyone can go invest and then make profit when rally arrives.

People are scared of buying now because the price has gotten beyond the previous ATH but truth be told they are still some strength for the price to push up abit because the halving haven't arrived and their is past records on the price to actually move higher after the halving so this bull that the market experience is actually set to be a pre-run because their is expectations on the price to go higher even above the current $71k threshold even upto $100k or $150k so buying now can still be counted as a good move.

[GigaBit]

An investor can never predict when Bitcoin will go dip. Investors won't find the dip until Bitcoin goes into that state, even if they want to. Investors can invest in Bitcoin depends on an common idea. After every bull run, Bitcoin can have a slight correction, sometimes even higher. But considering the recent times surely the investor can take an investment decision. The Bitcoin halving is only days away and the impact of Bitcoin ETFs is likely to push Bitcoin to the upside. And I think it's typical to be bullish there rather than looking for dips at this time. But by the nature of Bitcoin it will definitely find the dip but it may take a long time. Again, those who are expecting a dip may not the level of dip.

[Oasisman]

therefore as long as it hasn't reached $100k im personally still consider it a safe buy, if you're so afraid, you can always wait for correction, waiting for it to go sub $30k might be wasting your time though since i doubt it will.
but at least there's always accumulating zone between every rally so that anyone can go invest and then make profit when rally arrives.

People are scared of buying now because the price has gotten beyond the previous ATH but truth be told they are still some strength for the price to push up abit because the halving haven't arrived and their is past records on the price to actually move higher after the halving so this bull that the market experience is actually set to be a pre-run because their is expectations on the price to go higher even above the current $71k threshold even upto $100k or $150k so buying now can still be counted as a good move.

When someone were to ask like hey when is the perfect time to buy bitcoin, majority of the answers are "during the dip" or "wait for a sharp correction". It isn't a wrong answer though, but the real challenge starts with that kind of answer, because people who are being told might be looking and waiting for the bottom.
IMO, the current bitcoin price is still considered a good buy as we all know bitcoin still has a lot of potential considering that we are constantly seeing adoptions and more industry are embracing and recognizing bitcoin as a currency to be used to pay for goods and services. $100k - $150k is the most realistic figure if we're to follow the 4 year cycle bitcoin price actions, since bitcoin usually sky rocket several months after the halving. I have one thing to look forward too, 2024 will be a good run for bitcoin maybe until the first quarter of 2025.

[peter0425]

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?

keeping my target at 50k , means if once bitcoin reaches that level again then the chance is on me but the problem is if bitcoin do not fall that price then i will continue to wait even if this comes after 2025.
I believe that you have sold your holding when the price reached the top at 73k this is the reason why you are waiting for the dip.

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?

I will join your there mate ,

i may also consider at 55k but if given a chance then i would love that 50 k.

[Nrcewker]

Why taking risks bro? We know that we are dealing now with Bitcoins. Hence it’s always ideal to just buy the coins without thinking of the price. We have known Bitcoins are very capable and we also know that these coins are limited in numbers. Hence it’s ideal for us to accumulate as many as we can these rare coins. If you wait for the dip, you might miss the golden chance to buy the coins. Hence, don’t greed for more and buy the coins now.

[Republikcoin.com]

keeping my target at 50k , means if once bitcoin reaches that level again then the chance is on me but the problem is if bitcoin do not fall that price then i will continue to wait even if this comes after 2025.
I believe that you have sold your holding when the price reached the top at 73k this is the reason why you are waiting for the dip.

Waiting for Bitcoin's price to drop to $50K again is also not wrong for someone who had sold at the peak when he saw the price of $73K. Because this is something that has provided benefits for him and is also not wrong to do because it is a strategy that is quite unique in terms of making a profit. But for now I'm not so sure that the price will fall back to $50K again because the price support in the $70K range is still quite strong even though we don't know how long Bitcoin will continue to hold that level this year.

[BITCOIN4X]

~Snip

Waiting for Bitcoin's price to drop to $50K again is also not wrong for someone who had sold at the peak when he saw the price of $73K. Because this is something that has provided benefits for him and is also not wrong to do because it is a strategy that is quite unique in terms of making a profit. But for now I'm not so sure that the price will fall back to $50K again because the price support in the $70K range is still quite strong even though we don't know how long Bitcoin will continue to hold that level this year.

Maybe they're not wrong, but I think their hopes are too far from reality. I'm not sure the price will drop to $50k again as the halving approaches, but otherwise the price will probably be higher. A price correction is always possible as of now, but I tend to be optimistic that it will only be a short-term move before recovering to find its new ATH again.

By the way, can anyone predict what the lowest price bitcoin might get this April?
Right now priced between $68k to $69k, but it's still possible to drop more. Can't say $68k is strong support, unless we get back to $70k.

[erep]

~Snip

Waiting for Bitcoin's price to drop to $50K again is also not wrong for someone who had sold at the peak when he saw the price of $73K. Because this is something that has provided benefits for him and is also not wrong to do because it is a strategy that is quite unique in terms of making a profit. But for now I'm not so sure that the price will fall back to $50K again because the price support in the $70K range is still quite strong even though we don't know how long Bitcoin will continue to hold that level this year.

Maybe they're not wrong, but I think their hopes are too far from reality. I'm not sure the price will drop to $50k again as the halving approaches, but otherwise the price will probably be higher. A price correction is always possible as of now, but I tend to be optimistic that it will only be a short-term move before recovering to find its new ATH again.

By the way, can anyone predict what the lowest price bitcoin might get this April?
Right now priced between $68k to $69k, but it's still possible to drop more. Can't say $68k is strong support, unless we get back to $70k.

We will never be able to predict the price of Bitcoin accurately, but based on the current correction, there is a possibility that a correction will occur to below $60k in April, I am sure that the market will fall significantly before the halving because the impact of the current increase is influenced by the halving trend getting closer, but some whales cut profits because they have made profits from short-term trades.

This market effect may be affected on the portfolio of short term traders as they will have to cut profits before the price lowers, but if investors do not need to worry about the current market movement conditions because the market is forming strong support at the lowest price if the market corrects and the market will creating significant upside at the next bullish moment to reach ATH.

[JoyMarsha]

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?

This is a question we have no answer to. Nevertheless, I would like to see bitcoin fall to $50k but that's not what someone will stay put waiting for such a price to come into play whereby they can take advantage of it by applying a DCA strategy of accumulation of bitcoin rather than waiting for bitcoin to have a correlation market, which they don't know what price will bitcoin fall to and when will it happen.

Who would have thought bitcoin to give a new ATH before halving? But here it is giving a new ATH and waxing strong in it.

Bitcoin giving a new ATH before halving is supposed to teach us that we can't ascertain how the market can be in weeks or months. All we can do is make predictions, which can come true or not. However, that shouldn't be our benchmark for investing in Bitcoin. We are investing in bitcoin because we have the spare money and for future profits, not otherwise. 

[Kelvinid]

We can experience some corrections but knowing a dip again like we experienced last year, that seems impossible this time. Although we know that it was uncertain, still we believe that this year we're going to be bullish again, not bearish. If we think about buying and waiting for the dip, we'd rather change our strategy and take the usual corrections to accumulate some rather than wait for a huge correction/dip as we just waste our time doing it.

But IMO, this is not the right time for accumulating Bitcoin. It was supposed to be doing last year while the price was in the dip, not in this bullish condition. Of course, we can still make some profit but not that much if we are buying at a cheaper price.

[laijsica]

But IMO, this is not the right time for accumulating Bitcoin. It was supposed to be doing last year while the price was in the dip, not in this bullish condition. Of course, we can still make some profit but not that much if we are buying at a cheaper price.

Many people like you made this comment when Bitcoin was at $40k. You have to know is that today's price is in the dips compared to when it will hits $85k or $90k next month. Although I prophesied for the sake of understanding, it is not at all implausible.

[Roseline492]

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?

It will be very difficult to determine the price of Bitcoin because sometimes someone could be left out while thinking that Bitcoin price will get to a particular price, although there has been so many predictions about Bitcoin to have some corrections before peaking but there is no certainty about that, so even if the price will drop I don't think it will be a good idea to set our buying targets within $50k because I doubt if the Bitcoin price will drop to that level and if it happens that it did not get to that level before peaking that means that those that set there buying level on that price will automatically be left out.

[kro55]

But IMO, this is not the right time for accumulating Bitcoin. It was supposed to be doing last year while the price was in the dip, not in this bullish condition. Of course, we can still make some profit but not that much if we are buying at a cheaper price.

Compared to last year, it is true that the price of bitcoin has increased a lot and buying bitcoin now will not be as profitable as buying bitcoin last year or in 2022. But what about new entrants to the market? If they hesitate and do not buy because they think the price of bitcoin is too high, they will no longer have the opportunity to buy bitcoin. Because I believe it is very difficult for bitcoin to fall below $50k or $40k. Meanwhile, bitcoin still has a chance to increase to 100k USD, so buying now is not too bad if we have long-term goals.

[Albarq]

Even though there are many predictions about Bitcoin reaching a certain price, even though I know this is not certain, it is the desired price, but in bullish conditions like this, we have to be sensitive to the current conditions to collect Bitcoin, even though it has fallen again by $50k, but with optimism, it can rise again, even though Their expectations are too far from reality when the market is down. The ideal price that I want a slight correction considers a safe purchase

[Cryptoprincess101]

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?

BTC price may not fall back to $50k but I still believe that there will be possibility for a dip before the halving, the halving is close but since the price of BTC set a new ATH before halving, there will be some late hour corrections before the halving appears so expecting a dip is very possible and you can still buy but don't rely too much on an extreme dip because I don't see that happening till after bull run.

[smelody]

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?

BTC price may not fall back to $50k but I still believe that there will be possibility for a dip before the halving, the halving is close but since the price of BTC set a new ATH before halving, there will be some late hour corrections before the halving appears so expecting a dip is very possible and you can still buy but don't rely too much on an extreme dip because I don't see that happening till after bull run.

The price of BTC below $50k not at all. One of the great things about Bitcoin's DIP price is that small investors will enter the market in the meantime which will further consolidate BTC's levels. I also hope to invest some of my savings in this opportunity. I plan to go to DIP and buy at-least $60k. But one regret always in me is that if I had found bitcoin forum 2 years ago then I would have been a successful businessman. Anyway let's start from now.