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Author Topic: Will BTC dip again?  (Read 1763 times)
Reatim (OP)
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March 24, 2024, 02:28:22 AM
 #1

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?

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blckhawk
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March 24, 2024, 03:20:39 AM
 #2

Yes I did set, my plan for buying the dip is that once my target price shows, I just buy it all in so I don't have anything to worry about, no need for DCA, I just want to get it over with and make sure that I'm getting all the bitcoin value that I want, waiting for the right price during a price dip is actually a bad idea in my opinion because you'd be constantly choosing and making the decision of waiting it out again and again because you believe that it can go lower, at least when you buy at once in a target price when bitcoin price dips, you know for a fact that you're secured for long-term and even if the price goes much lower, you can always just buy more again when you've got your paycheck because I assume that everyone's got a job and not just watching bitcoin go up all day long.
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March 24, 2024, 03:36:40 AM
 #3

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?
In fact, we all cannot predict exactly what will happen in the market but we all have an idea that the market will go down so much or go up so much.There has been a slight dip in the market recently, but the price of Bitcoin is still very high. You said that we wait for the currency price to drop in the market yes that is true but everyone has different plans for it.

Maybe many people like you have plans to buy bitcoins at low price just like me but I decided when bitcoin price reaches 55 thousand I will buy a little bit more.But lately I have been doing DCA regularly which is another easy method of investing.  

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Alphakilo
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March 24, 2024, 03:43:58 AM
 #4

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 am wondering if will bitcoin still go down to at least $50k?
I am planning on buying more coins but not waiting for the dips to do it. With these big financial institutions buying bitcoin in large quantities, it is going to be difficult trying to time the market. However, if you DCA weekly, you would not have to worry about bitcoin's price or its dip and highs. My target is to buy weekly paying attention to my DCA.

We are not going to see bitcoin at $50k even though I know people think this is likely to happen, it won't. We are already seeing it recover, It already less than a month till halving. It will break past $70k. What we experienced briefly is the pre-halving dip.

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March 24, 2024, 04:51:20 AM
 #5

I can see it dipping perhaps max 30% and anymore than that and I would say that we peaked. Sure we had bigger dips before in a bull market but right now we got much more liquidity and we shouldn’t have the same volatility that we did back then.

And pretty sure if we dip below that and fail to bounce quickly then the top was $74K and we entered the bear market. But right now it’s too early too tell. Might chop around until the halving which is less than a month away.
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March 24, 2024, 05:03:16 AM
 #6

Will BTC dip again? Like Super DIP no I just share my view and the bitcoin might gonna see a correction after a 6 month strike with green candle hahaha.


Bitcoin able to break its previous ATH but it don't able to make a new support at 70K zone so today is traded at 64K area, and image above show daily candlestick form the Binance Data and the worst scenario in my opinion is retested the last support zone at the Equilibrum Level or around 52K or the bitcoin would go sideaway from this level until the halving is done.

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March 24, 2024, 05:17:54 AM
 #7

Since the price of Bitcoin is uncertain, it is normal for the price of Bitcoin to fluctuate. Currently, the price of Bitcoin is still touching 63k, so dumping that much is not possible for me. Because I bought Bitcoin for a third of the current price and held it until 2025. I will release my hold in 2025 if the position is in a bull run. Because I know bitcoin will definitely peak after halving. So currently I have purchased some amount of Bitcoin as an investment for the future of Bitcoin.
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March 24, 2024, 09:29:15 AM
 #8

I can partially answer this if you ask me whether there would be any further dips yes there will be dips but nobody can predict the extend of dip to any absolute figure, just ensure you don't miss out the rally awaiting for prices to go below $50k which looks difficult at the moment. I would suggest you to get into the market in the next dip instead of waiting for it to go below $50k and stay vigilant on the market trend to ensure you cash out if it dips and buy at lower level instead of just waiting for the market to hit $50k.

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March 24, 2024, 11:06:57 AM
 #9

If we are being honest… $50k is pushing it already. It might be possible but it’s probably gonna be the maximum price for the mean time. Bitcoin’s market dipped after a surge and now we are seeing it recover so I am not that optimistic about a large decline in price. I say just buy right now if you could afford it because you might end up waiting too much that you never have the opportunity to buy.

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March 24, 2024, 11:21:32 AM
 #10

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?

No one can tell you exactly on how far will the price go down since we are still in the bullish market despite the recent decline since the price doesn’t slide that much. A control up and down on the market means the bear is still not control which means a new ATH is still possible when the price moves upward for another leg.

But if price will go down to 50K level then expect that it will go deeper because that level is only on the panic zone which means 30K to 40K or even lower is possible. Just don’t let your emotion control because there’s always a perfect price to enter for strong bull market like this. Your sign is the long sideways on price.

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March 24, 2024, 11:56:43 AM
 #11

buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?
wait for the price until it reaches an ideal price may not enable you to buy something, although it is possible to see $50k, but then you may think that the price may drop to $40k and that it is a good opportunity to buy more.

The failure of the price to collapse and the rapid rebound from the $62,000 may indicate that the price has begun to recover, and we may see slow growth, ignoring $70,000 more than $50,000.


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March 24, 2024, 02:59:05 PM
 #12

...bitcoin still go down to at least $50k?
If $50k is your target entry, you may be lucky to get that. It's certain that price will dump more after halving. So, I encourage you to wait till after halving if you can't get in at that price now. Don't be in a hurry to trigger any trade.

However, I'm so surprised that a good number of our members are still struggling to buy Bitcoin whereas they could've done that last year when Bitcoin was there and literally begging to be bought. I'm not even buying Bitcoin anymore. I saved up all I want to around $30k to $35k region last year. I'm done. I only look at altcoin investments now.

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March 24, 2024, 04:29:52 PM
 #13

It is hard to predict. Currently there is a fight going on between bulls and bears. Bulls are buying to push the price up and bears are dumping to bring it down. So far $60k proved to be a strong resistance and the price has a tendency to remain higher than $65k actually. So I'd say chances of entering $5Xk range is very low.

At times like this when you are doubtful of what to do and can't make a decision, it is best to wait for a strong signal. Like if a strong momentum shaped and price broke $70k to be sure that the rally has started and there is no chance of further drop. Or see a bigger dip below $60k and make your purchase there.
But that comes with a downside, you will have to not-buy in $60k to $70k range and miss that opportunity.

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March 24, 2024, 04:33:05 PM
 #14

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've set a goal, why not stick to your plan ? Additionally, you are not a new investor and you also understand that no one can predict what the bitcoin price will be tomorrow . Why do you still ask questions like this ? If we say that bitcoin will continue to fall and even fall to $30k , will you believe us and wait? There is no answer to your question, do your own research and make your own decision . Be confident in your plans and strategies, don't be hasty and impulsive in investing .

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March 24, 2024, 05:02:54 PM
 #15

Bitcoin being bullish or bearish doesn't follow any predictions. Many of us are predicting that Bitcoin will find a dip in a few days but that may not be happen. When Bitcoin was at 29K last year, no one would have thought that Bitcoin would be bullish in a short period of time. If anyone knew they would put all their wealth into Bitcoin. To those who were waiting for a dip at that time too, I wouldn't say it was a wrong decision but Bitcoin can be bullish at any time and based on the probability and for long-term investment one should hold on Bitcoin as much as possible at this point. Any current price for Bitcoin is eligible for purchase. Moreover, it is the only coin that get the all time high every bullish moment.

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March 24, 2024, 05:03:23 PM
 #16

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?
I think the buyers who are still doing it gradually to get Bitcoin, not all of them have set a certain price target on Bitcoin as long as the current price is still good enough for them. And on the one hand, I also don't think that Bitcoin will fall to $50K again if its resistance is still strong enough in the range of more than $60K. However, if you want to determine the purchase price at $50K, it's also not wrong because every decision is up to us when we want to buy something at a certain price.

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March 24, 2024, 07:22:06 PM
 #17

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 something a question that all would really be asking on which would the price would be going those kind of corrections or would really be that low? No one really knows
and this is why we would really be ending up on having those kind of assumptions when it comes to potential price on which there's no way that we could really be able to tell
Market makers, community demand and other fundamentals on which it would really be the main factors that would really be affecting the price.

We are still on pre-halving period on which there would really be still chances about those prices would really be going down but the thing we do have in mind is that
what if the price would be shooting up and would be leaving behind? For sure these are the things that you do have in mind.  Cheesy

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March 24, 2024, 07:36:50 PM
 #18

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?

From the look of it, it's dipping a little bit because after dropping to $60k earlier, it went back to around $68k but then it went back to $63k recently and is now at around $65.5k or something. So it's a bit confusing but it does look like it is dipping currently.

No one in the market can tell you if it will drop to $50k or below that range because the halving event is almost here and the market generally starts recovering after that point, but this time around, the cyclic movements are a bit different than previous times, so anything can happen.









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March 24, 2024, 07:54:34 PM
 #19

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?
You just need to go back a couple of months to catch bytcoin below $40k, then would have been the time to buy at the price you are comfortable with, hoping Bitcoin crashes down most times leads to more hesitancy and you end up not buying at all.

With the current market sentiment, the chances of the price going below $50k is very low, we could have already had as much dip as we would get before we fully start on the bullrun ride to above $100k.

When you're hesitant to buy, like now, consider the possible percentage drop you are optimistic about and how much it would factor in if the bullrun materializes as you expect it to. If it's not too significant, there you have your answer.

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March 24, 2024, 08:15:57 PM
 #20

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?
Target price? No.
Target time frame is what I have planned.

I think that we will be seeing a dip a few days after the halving event, and that would be a good time to accumulate some coins and for me, that would be the final time that I will be accumulating any cryptocurrency because after that, I will be focusing on selling all of my crypto.

buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?
$50,000? There's a chance, but I predict that it will be kind of low.
I believe that the next time we will be seeing Bitcoin priced at $50,000 is when we are in a bear market already. I don't see Bitcoin dipping to as low as $50,000 at least this year. $60,000 maybe is the lowest that it can reach before the bull run.

You know what, just buy Bitcoin whatever the price is. Smiley You believe that Bitcoin will reach $100,000 during the bull run? If yes then whatever the current price is, you will still get profit at the end of the day. NFA of course. Tongue

 
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