Chill time

[Finestream]

Here we go again, another drop after touching what we thought was a breakout point. But honestly, this isn’t new. Bitcoin has always behaved like this, sudden dumps after ATHs, then slow recoveries that catch everyone off guard.

So this isn’t a time to panic. It’s a time to stay calm, observe, and prepare for the next opportunity. If history keeps repeating, the best move right now might be simple, wait and buy the dip.

[Cold_Joker]

the wait and buy the dip move is outdated. you do not need to wait for the dip. what you call dip now was what use to be a high AtH, that is the stage bitcoin is at. if you have cleared all mind with your research then you can start buying slowly and consistently

[peter0425]

Here we go again, another drop after touching what we thought was a breakout point. But honestly, this isn’t new. Bitcoin has always behaved like this, sudden dumps after ATHs, then slow recoveries that catch everyone off guard.

So this isn’t a time to panic. It’s a time to stay calm, observe, and prepare for the next opportunity. If history keeps repeating, the best move right now might be simple, wait and buy the dip.

I know it’s hard not to panic. It’s natural but always remember the many times that bitcoin has bounced back from such a crash. It has happened before and it will keep happening. It will happen again soon. This won’t even be the last market decline we’ll ever experience so you just gotta be patient and remind yourself of your strategy and goals.

[Natalim]

I think panic will start once Bitcoin drops below $100K.

But we’ll see, it’s not the first time we’ve seen a major dump. Looking at past performance, a bear market usually follows after an ATH. Now that we’ve hit a new peak, maybe the big investors have already taken profits, and they could be pushing the price down further so people panic before they start accumulating again.

For me though, even at $100K, it’s already a good buying point. If we follow the trend, Bitcoin always breaks its previous ATH, and that’s an easy 50% gain once a new one happens.

[qurbanshah02]

Here we go again, another drop after touching what we thought was a breakout point. But honestly, this isn’t new. Bitcoin has always behaved like this, sudden dumps after ATHs, then slow recoveries that catch everyone off guard.

So this isn’t a time to panic. It’s a time to stay calm, observe, and prepare for the next opportunity. If history keeps repeating, the best move right now might be simple, wait and buy the dip.

This is part of it, we definitely get scared seeing it but we understand after looking at it, which is why we hope that Bitcoin will go up again and here Bitcoin has to take a good pump which will increase the price of Bitcoin due to which we should not worry. Yes, I also say that Bitcoin is very useful for us and if we see, last year also this day took Bitcoin down and in the last month it went up and that is why we have to wait for the time when Bitcoin stops and makes a good number in its new week. This will give a lot of profit because this is the time in which we can make our Bitcoin and take advantage of it going forward. Bitcoin We will see Bitcoin at a very good number for a few days.

[Pumpsta]

the wait and buy the dip move is outdated.

Are you serious? Is it truly outdated to buy low & sell high? DCA is cool too but.. buying only when BTC’s dipping isn’t a bad idea either at all and it’s definitely not outdated lol

[liasbaa]

Here we go again, another drop after touching what we thought was a breakout point. But honestly, this isn’t new. Bitcoin has always behaved like this, sudden dumps after ATHs, then slow recoveries that catch everyone off guard.

So this isn’t a time to panic. It’s a time to stay calm, observe, and prepare for the next opportunity. If history keeps repeating, the best move right now might be simple, wait and buy the dip.

I am seeing the price of Bitcoin fall for the first time in a very short time after breaking another ATH. I think it was expected but it may not have been understood by many investors that the price would change so quickly. The most interesting thing is that Bitcoin is a volatile asset but it will not always increase. The impact of inflation due to the trade situation and global political instability can cause its price to fall or rise in every negative impact. I think short-term traders are more scared by this fall because they expect to get rich quick. Long-term Bitcoin investors do not feel scared during price volatility or rise. They remain calm and consider long-term investments as important.

[buwaytress]

Or... go ahead and panic. Then us dippers and DCAers and all the same will find it easier to accumulate more at bargain price points.

I mean.  It shouldn't matter. Should it?

[aoluain]

Here we go again, another drop after touching what we thought was a breakout point. But honestly, this isn’t new. Bitcoin has always behaved like this, sudden dumps after ATHs, then slow recoveries that catch everyone off guard.

So this isn’t a time to panic. It’s a time to stay calm, observe, and prepare for the next opportunity. If history keeps repeating, the best move right now might be simple, wait and buy the dip.

Well its no surprise really, anyone around the Bitcoin market will/should be used
to these types of market movements.

The only thing I am wondering is if October will be a Green or Red month, as it stands
its Red.

Here we go again, another drop after touching what we thought was a breakout point. But honestly, this isn’t new. Bitcoin has always behaved like this, sudden dumps after ATHs, then slow recoveries that catch everyone off guard.

So this isn’t a time to panic. It’s a time to stay calm, observe, and prepare for the next opportunity. If history keeps repeating, the best move right now might be simple, wait and buy the dip.

The most interesting thing is that Bitcoin is a volatile asset but it will not always increase.

That depends of what view point you take, Zoom in and focus on weeks or months
and you can make the case for not always increasing but Zoom out far enough and
its clear the Bitcoin market has always risen.

[348Judah]

Here we go again, another drop after touching what we thought was a breakout point. But honestly, this isn’t new. Bitcoin has always behaved like this, sudden dumps after ATHs, then slow recoveries that catch everyone off guard.

So this isn’t a time to panic. It’s a time to stay calm, observe, and prepare for the next opportunity. If history keeps repeating, the best move right now might be simple, wait and buy the dip.

This period should be seen as a perfect timing and opportunity for those interested to buy and hold, because as we previously experienced, the market will soon rises and they may not experience any further fall as to this extent again for now, the earlier the better, buying at now is more economical for those interested to hold for some time before selling, because we still have more to go for the bullrun season before the year runs out, these falls may only be someone's entry opportunity to get in.

[Webetcoins]

its no surprise really, anyone around the Bitcoin market will/should be used
to these types of market movements.

The only thing I am wondering is if October will be a Green or Red month, as it stands
its Red.

We are, however not everyone has been around for long enough to see something like this. You have to remember plenty of people join whenever there is an increase, and we have increased a lot in the last one year, so them seeing this period makes them be this hectic about the result. It's clear that we are not going to end up with bunch of results that would be like this, it has to be very careful to see this.

Most of us fail to get this kind of return, it's just not what we are seeing here, so focus on what you can do and how you can definitely improve on this over time. Focus on how to get better returns by holding during this time so that this drop would not mean anything but profit for you. A lot of people lose a lot of profit, they just need to do a better job.

[l99l]

Here we go again, another drop after touching what we thought was a breakout point. But honestly, this isn’t new. Bitcoin has always behaved like this, sudden dumps after ATHs, then slow recoveries that catch everyone off guard.

So this isn’t a time to panic. It’s a time to stay calm, observe, and prepare for the next opportunity. If history keeps repeating, the best move right now might be simple, wait and buy the dip.

Panic would be a big mistake right now. I see this decline as a bit of an investment opportunity.
There was a sharp decline, followed by another, things like this always happen with Bitcoin. It could be considered a nice decline to add a little.
To prepare for the next rise. I don't think Bitcoin will fall below $100,000. It might be bear season right now, but it doesn't feel like a real bear season to me. I sense a deliberate decline to make people panic.

[Cointxz]

the wait and buy the dip move is outdated. you do not need to wait for the dip. what you call dip now was what use to be a high AtH, that is the stage bitcoin is at. if you have cleared all mind with your research then you can start buying slowly and consistently

There’s no such thing as outdated on trading. It’s the basic trading principle to buy as low as possible to have a better entry.

What you are suggesting is a DCA approach but that doesn’t means it’s the only right way to invest on Bitcoin properly.

Wait and buy the dip is always the most safe route on Bitcoin trading if you will have patience to do it. DCA is good if you don’t have time to analyze or you want to enter on Bitcoin as much as possible since your goal is long term holding.

[atookz]

Here we go again, another drop after touching what we thought was a breakout point. But honestly, this isn’t new. Bitcoin has always behaved like this, sudden dumps after ATHs, then slow recoveries that catch everyone off guard.

So this isn’t a time to panic. It’s a time to stay calm, observe, and prepare for the next opportunity. If history keeps repeating, the best move right now might be simple, wait and buy the dip.

For new investors, this situation might be heartbreaking. However, it's important to remember that this kind of volatility is part of Bitcoin's cycle. After reaching a high, a decline is natural, and this is nothing new. Looking back, every major correction is usually followed by a consolidation phase, and in many cases, a gradual recovery follows. You're right, this isn't the time to panic, but it's important to remain calm. Continue evaluating your portfolio and closely monitoring the market. Be patient and maintain a long-term strategy, and adhere to the principle of "buy the dip" with well-considered risk management. The market will always fluctuate, so stay rational and don't panic.

[Renampun]

This is not the time to panic, because panicking in a market situation like this means you'll make impulsive and emotional decisions that could lead to significant losses due to making the wrong decision to sell during a volatile market, it's better to hold back and not overthink market conditions, just focusing instead on your long-term goals. if you have money, you can accumulate more, since prices are lower, you can potentially increase your returns in the future, but if not, you can just hold and let your investment be.

[Dunamisx]

The chill time presently is the accumulation time, as the opportunity to invest once more has been rendered to us, only for those interested to get in will see it as the best time of buying the dip and hold.

If you have been looking for a perfect entry, then the time is just now, before the market going on a correction and we begin to see the rising, as anytime from now on may signal the beginning of a bullrun to set another all time high for this month or the next one coming.

[STT]

We havent arrested the daggers falling downwards yet, its in contention.  The prior movement was range bound and its yet to be seen if that is how BTC establishes in this area or not, first we have to find the level of support.
  I do presume the US election highs are a good place for support but it cant be presumed just yet.   If we dont stop the sell here then even the ATH prior from 2021 comes back to contention just like it was in 2024.  The 2024 August sell was bullish for its brevity but we can only be so certain in retrospect.

The reason why Im a little more negative is the current lows are the 50 week or yearly average.  There are other reasons as well, genuine volume at those prices but a moving average is not support its an indicator.
   Long term almost all the moving averages are gaining and imo stay bullish on that time frame but we can sell here is still viable movement to consider.

[Gozie51]

the wait and buy the dip move is outdated. you do not need to wait for the dip. what you call dip now was what use to be a high AtH, that is the stage bitcoin is at. if you have cleared all mind with your research then you can start buying slowly and consistently

It is not outdated to say buy the dip. What is difficult now is to know where to buy from. If you have studied your chart and you are convinced that the price will drop then you take the opportunity. The dip is always there when you are talking about bitcoin, it may be difficult during bull season but always present in bear season. However, the historic fall of price on 10th of October wasn't expected and price went from $122k to $104k, that's to tell you that the dip is present if you can figure it out. But the point is at the moment, the price fluctuations is still unpredictable, so taking a chill now is not out of place.

[salad daging]

I think panic will start once Bitcoin drops below $100K.

But we’ll see, it’s not the first time we’ve seen a major dump. Looking at past performance, a bear market usually follows after an ATH. Now that we’ve hit a new peak, maybe the big investors have already taken profits, and they could be pushing the price down further so people panic before they start accumulating again.

For me though, even at $100K, it’s already a good buying point. If we follow the trend, Bitcoin always breaks its previous ATH, and that’s an easy 50% gain once a new one happens.

Now many are still panicking from $115K then falling to the current price, how about later when it's below $100K, maybe traders will start to panic even more.

Holders may not panic, they just need a little patience to wait while buying with DCA, then they will get more bitcoins at a lower price.

For example, below $100K, they will continue to buy, even if the price continues to fall.

[Stalker22]

~
If history keeps repeating, the best move right now might be simple, wait and buy the dip.

If your plan is hodling Bitcoin for the long haul (3-5 years or more), sweating an entry point of $106k versus $95k is functionally irrelevant and kinda pointless.

If you are waiting for this bear market everyone is talking about, you better know exactly how low you think it can go.  A real bear market isnt some small dip.  Its a long, slow fall.  Are you ready if it doesnt stop at $90k, and instead goes all the way down to around $70k-$75k?  That would be around the previous ATH.