Will BTC dip again?

[CryptoBuds]

I do hope that bitcoin does dip, I've got like a thousand dollars here that's waiting to be dumped into the dip because I know how it's going to be when that dip happens, it's just a prologue to a really big price pump. I do my DCA but I know that I'm going to be buying a lot of bitcoins all at once when that price dump happens, I might even ask for a loan that would supplement the purchase to gain more value but that's probably a really risky and stupid move on my part so that's still in consideration.

You hope bitcoin will drop more but that doesn't mean it will happen. Bitcoin has not yet been able to increase in price after nearly 2 months of adjustment, but that does not mean it will definitely decrease further, so is waiting a good solution?

Personally, I don't know if there will be another correction, but I think we are very close to the bottom of this correction, so buying now wouldn't be too bad.

By the way, not only you but many people I know are also planning to borrow money to invest because everyone believes that the bull season will come in a few months. But I want to remind you that no one can guarantee that history will repeat itself, so you need to consider carefully before deciding to borrow money to invest.

[NewRanger]

Personally, I don't know if there will be another correction, but I think we are very close to the bottom of this correction, so buying now wouldn't be too bad.

By the way, not only you but many people I know are also planning to borrow money to invest because everyone believes that the bull season will come in a few months. But I want to remind you that no one can guarantee that history will repeat itself, so you need to consider carefully before deciding to borrow money to invest.

Of course, but it is very interesting to hear your second point where there will be many people who want to request fresh funds for BTC purchases and of course the goal is to prepare for this post-halving price increase, and I personally think if this wins it will be very good to make the process of BTC price increase faster because purchase requests do not only come from large institutions but from personal especially with large amounts.

Regardless of the desire above, I personally have a thought, we should have a positive outlook in any condition so that we can think clearly and take advantage of all the opportunities around us in increasing BTC ownership in the future, meaning that even if it is done, it must all be carefully calculated.

[EarnOnVictor]

Bitcoin investment can be made at any time but it depends on the investor how long he can hold the Bitcoin.  But the longer the Bitcoin is held, the more profitable it will be, as the market is always moving up and down. Therefore, one should buy bitcoins only when the price of bitcoin is exposed and in control, because the price of bitcoin is waiting for the next bull market.

Currently, after going through the halving period, everyone is waiting to see what will happen with Bitcoin. I agree with you that investing in Bitcoin can be done at any time, but it would be better if the price is corrected so that you can get a cheap price and immediately hold it. And now everyone will wait for the correction to be able to buy and hold until the market increases, so they can get maximum value.

I do not agree with the remark that "Investment in Bitcoin can be done at any time," This is one of the misleading heresies surrounding Bitcoin investment. We should be smart in our investment regardless of whether or not it's that of Bitcoin, investment is investment and assets are assets. They have good, bad and ugly times, so we should rather wake up and face the reality and not let anything blind us about Bitcoin investments.

Those who bought Bitcoin at a high level in the last bull run are still lamenting, though it tried to impress them better now, but for how long? What if the person needed the money in 2022 but trusted in Bitcoin, can such a remark be good in his hearing anymore? I am an investor in Bitcoin as well, but I invest sensibly. I only buy low and sell high when the monthly chart tells me to do it having confirmed a long-term bearishness on that chart. This is smartness and not just being blinded by some general saying about the coin that looks too perfect.

As it is now, Bitcoin would be met with some stiff resistance which is happening already, and on a further look, 2 weeks ago, I declared a sideways movement for the coin, which is also happening currently. However, over time, I think the low of around $56,450 will judge if breached lower, then Bitcoin may sell further. The same thing could be spoken of the high of around $73,850, a breach of it can only declare the continuation of a bullish trend.

[Tmoonz]

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?

Volatility has been a factor of Bitcoin functionality, it will be best we build our psychology in terms of the downward and upward movements of Bitcoin in order for us to make an informed decisions, no one can actually tell to what extent it become of Bitcoin in terms of the bearishness and also to what extend in terms of bullishness. However, the only realistic and certainty is the volatility nature of Bitcoin. Bitcoin will surely dip again and come up again that is it's natural phenomenon.

[moneystery]

....

By the way, not only you but many people I know are also planning to borrow money to invest because everyone believes that the bull season will come in a few months. But I want to remind you that no one can guarantee that history will repeat itself, so you need to consider carefully before deciding to borrow money to invest.

i agree that even though in past history bitcoin experienced a halving and then a few months the price rose significantly, but that cannot be a benchmark for us now, even borrowing money just to buy bitcoin is a risky thing because we don't know whether it really goes up or down. so it's best for people who plan to borrow money just to buy bitcoin for the halving later to remain alert and not be too fixated on potential profits to the point of ignoring the fact that they are borrowing money just to invest in it because the price of bitcoin could be different compared to before.

[gunungkembar]

....

By the way, not only you but many people I know are also planning to borrow money to invest because everyone believes that the bull season will come in a few months. But I want to remind you that no one can guarantee that history will repeat itself, so you need to consider carefully before deciding to borrow money to invest.

i agree that even though in past history bitcoin experienced a halving and then a few months the price rose significantly, but that cannot be a benchmark for us now, even borrowing money just to buy bitcoin is a risky thing because we don't know whether it really goes up or down. so it's best for people who plan to borrow money just to buy bitcoin for the halving later to remain alert and not be too fixated on potential profits to the point of ignoring the fact that they are borrowing money just to invest in it because the price of bitcoin could be different compared to before.

Supposedly an incident like the one you mentioned could happen again, but you have to remember that a few weeks before the halving this year the price of bitcoin had increased due to the influence of the Bitcoin ETF until it reached a new ATH. This price movement shows that there is no guarantee that the price movement of Bitcoin will always have the same price movement from year to year, it will certainly have different differences, it's just that the price of Bitcoin will potentially always rise due to very high demand.

[Zackz5000]

Bitcoin has been know for it volatile nature which movement can be unpredictable which always have an upwards and downward movement, but the ability to accumulate Bitcoin and hodl for a longer period of time like 4-10 years and above. An investor can also accumulate more Bitcoin little by little using the DCA method which helps you buy more Bitcoin either weekly or monthly.

[Felicity_Tide]

Currently, after going through the halving period, everyone is waiting to see what will happen with Bitcoin. I agree with you that investing in Bitcoin can be done at any time, but it would be better if the price is corrected so that you can get a cheap price and immediately hold it. And now everyone will wait for the correction to be able to buy and hold until the market increases, so they can get maximum value.

I do not agree with the remark that "Investment in Bitcoin can be done at any time," This is one of the misleading heresies surrounding Bitcoin investment. We should be smart in our investment regardless of whether or not it's that of Bitcoin, investment is investment and assets are assets. They have good, bad and ugly times, so we should rather wake up and face the reality and not let anything blind us about Bitcoin investments.

Those who bought Bitcoin at a high level in the last bull run are still lamenting, though it tried to impress them better now, but for how long? What if the person needed the money in 2022 but trusted in Bitcoin, can such a remark be good in his hearing anymore? I am an investor in Bitcoin as well, but I invest sensibly. I only buy low and sell high when the monthly chart tells me to do it having confirmed a long-term bearishness on that chart. This is smartness and not just being blinded by some general saying about the coin that looks too perfect.

All those remarks are basically to put the dollar cost average method into the picture. I totally see a sense in what you've said. The idea of buying when dip is totally a common sense as everyone would undoubtedly like to make profits in a long run. Buying when dip would certainly show good signs of healthy profits in the future.

Though, I see no fault in using the DCA method to buy at any point in time, but this could only make any sense if the source of income in using the DCA keeps coming. Because you don't expect me to save up and buy when Bitcoin is around $73K. But assuming I have a continuous stream of income, then I can buy when it's around $73K, $60K, $57K, etc. Though it won't show any sign of unhealthy profits in the future unlike when I choose to buy when dip.

[legendbtc]

....

By the way, not only you but many people I know are also planning to borrow money to invest because everyone believes that the bull season will come in a few months. But I want to remind you that no one can guarantee that history will repeat itself, so you need to consider carefully before deciding to borrow money to invest.

i agree that even though in past history bitcoin experienced a halving and then a few months the price rose significantly, but that cannot be a benchmark for us now, even borrowing money just to buy bitcoin is a risky thing because we don't know whether it really goes up or down. so it's best for people who plan to borrow money just to buy bitcoin for the halving later to remain alert and not be too fixated on potential profits to the point of ignoring the fact that they are borrowing money just to invest in it because the price of bitcoin could be different compared to before.

Borrowing money to invest really should not be encouraged, especially for those with a speculative mindset that after halving bitcoin will definitely increase, so be careful because there is nothing guaranteed and certain in this market. But if someone is really serious and willing to invest long-term with bitcoin without being too dependent on whether bitcoin will increase in price in the short term or not, borrowing money to invest can be considered. But on the condition that we have a job with a stable income and still have the ability to repay debt without paying attention to the investment results. We can borrow to invest in this case because sometimes the opportunity will not come back if we miss it.
But for those who are unemployed or have low income, they should give up this idea if they do not want life to become more stagnant.

[tengui]

looking at the current market situation it seems impossible that in the near future the price of bitcoin will fall to $50k. in my opinion the upper and lower limits of bitcoin in the near future are $70k and $60k. So far the price of Butcoin has more often remained stable in the $60k-$65k range and it seems like $65k is a middle line that is very difficult to leave. Even though so far the halving has not caused the price of bitcoin to rise drastically, the halving can keep the price of bitcoin not far from the ATH.

[Jegileman]

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 it could and maybe it will never touch that price again even in the future when the bearish season arrives. Why not continue using the DCA method you’re used to if at all you’ve tried it before. It will make you get to buy more coins and get it at an average price of the highest you’ve bought it to the lowest you’ve also bought the coin. Bitcoin is very unpredictable and if you are waiting for it to come down again, it might never come to that price again and you’ll regret why you didn’t buy now. So do the needful at the right time before it’s too late for you.

[Smack That Ace]

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 it could and maybe it will never touch that price again even in the future when the bearish season arrives. Why not continue using the DCA method you’re used to if at all you’ve tried it before. It will make you get to buy more coins and get it at an average price of the highest you’ve bought it to the lowest you’ve also bought the coin. Bitcoin is very unpredictable and if you are waiting for it to come down again, it might never come to that price again and you’ll regret why you didn’t buy now. So do the needful at the right time before it’s too late for you.

I think it depends on the person, since the OP said he was thinking about buying more, it's not that he doesn't already own any bitcoin, those are two completely different things. I personally already own the majority of bitcoin at an average price of $35k, and with bitcoin prices at over $60k, buying more now wouldn't do me much good. Instead, waiting for a major correction to buy is a better idea. But the risk is that there may not be a major correction but that doesn't affect me much because like I said, I also bought most of the bitcoin and the remaining USDT is negligible. Always keeping 10%-20% USDT in your portfolio is not a bad idea because the market can correct at any time.

[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?

All I might be coming and the biggest possibility after I've seen a few days in the market for the potential possibility of bitcoin still going down to at least $50k as you intended, I think not anymore.

It is currently on the defensive at $66,800 and playing between $65,500 - $66,800 and ready to head to the 73k mark if possible.

So. BTC sentiment will go further down until the price of 50K is a small percentage.

[lepbagong]

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?

All I might be coming and the biggest possibility after I've seen a few days in the market for the potential possibility of bitcoin still going down to at least $50k as you intended, I think not anymore.

It is currently on the defensive at $66,800 and playing between $65,500 - $66,800 and ready to head to the 73k mark if possible.

So. BTC sentiment will go further down until the price of 50K is a small percentage.

It is true that Bitcoin is currently stagnant, and its movement is only in a certain range and does not want to go down or increase to get past yesterday's ATH. But if you see that the bullish season is still long, there is a possibility that a correction will occur first to encourage Bitcoin to increase.
So that the end of the year by it can reach its best point and in 2025 it will reach its latest ATH.
But all predictions could change, but I firmly believe that there will be a correction first.

[Ojima-ojo]

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 it could and maybe it will never touch that price again even in the future when the bearish season arrives. Why not continue using the DCA method you’re used to if at all you’ve tried it before. It will make you get to buy more coins and get it at an average price of the highest you’ve bought it to the lowest you’ve also bought the coin. Bitcoin is very unpredictable and if you are waiting for it to come down again, it might never come to that price again and you’ll regret why you didn’t buy now. So do the needful at the right time before it’s too late for you.

Bitcoin is going to take a long while before touching that price of $50k such discounted price regime is far gone and the last attempts was a good time to have bought bitcoin since price came close to that benchmark Mark before recovering back and now going above $70k on multiple occasions within the last 24 hour's of market trading.


Although we can outrightly write off the possibility of future market decline that offers bitcoin holders chance to buy bitcoin below even the $50,000 region because of market volatility and reaction to future unforseen events that could impact the market.

[shield132]

looking at the current market situation it seems impossible that in the near future the price of bitcoin will fall to $50k. in my opinion the upper and lower limits of bitcoin in the near future are $70k and $60k. So far the price of Butcoin has more often remained stable in the $60k-$65k range and it seems like $65k is a middle line that is very difficult to leave. Even though so far the halving has not caused the price of bitcoin to rise drastically, the halving can keep the price of bitcoin not far from the ATH.

Bulls are too strong, after the ETF approval, Bitcoin is doing fantastic. More than $85M in shorts got liquidated today. You made this post on 17 May, it was quite possible to see 50K in 18, 19 and in the upcoming days if it would fail at its 65K support line but for some reason, yesterday it got up by 8%. It's now hard for Bitcoin to fall down to 50K from 70K because it has to fall down by 30% which is a huge loss and won't happen if something terrible doesn't happen. Now we are officially going to the moon and the next station is 100K American Dollars.

[sotelorene]

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?

Setting price to buy Bitcoin sometimes it's not necessary  and sometimes it can disappoint you, let's assume Bitcoin price is $39k and you are waiting for it to dip maybe to $28k before you buy and unfortunately the price skyrocket from that $39k to $58k how will you feel regretful and disappointed abi that's why it is not good sometimes to wait for dip before investing. Invest what you can afford to risk out at that particular time and forget about it for the main time unless you still want to be accumulating it and that's a nice idea too.