Bitcoin is now $70k plus.

[Smack That Ace]

It has fallen to $63,998 just hours after the $70k price alarmed by the OP. We can expect the price to still fall below this until it actually gets to the bottom which no person can be certain about. Another perfect time in the market for aggressive buying now that the bitcoin price has decreased about 50% from the $126k ATH , accumulating more now before it gets to the dawn again would mean far bigger profit

This dip came as a surprise to many and also expected by many more and the reason why I say it came as a surprise to many is because there are so many person that haven't been able to get off the idea of this year being the season where altcoins is going to pump and that to happen Bitcoin will also need to pump but from the start of the year so many other have outwitted this idea also.

It is not just altcoin investor who expect bitcoin to continue growing this year. Even the most ardent Bitcoin maximalists share similar thought and expectation. They believe this time will be different and a supercycle will occur because ETF, Wall Street, and government are pouring a lot of money into bitcoin. They do not believe bitcoin will be dumped and that the crypto winter is over

I think most people are surprised, and not many people are prepared for a bear market. But many people are afraid to admit this. That is why when the price dropped to $60k, not many people were excited. Instead, they felt confused and fearful that it would fall even lower.

[Powerjumboo]

Those who started accumulating bitcoin when Bitcoin was $90k or $100k do you still believe in bitcoin now that Bitcoin price has fallen to $70k plus in price and with the way things are going it will keep falling.
Are you planning on selling now and then lose or you are planning on holding with believe that bitcoin will rise up again in the future.
I will give you an advise please before taking any decisions go through the history of Bitcoin growth when you do that you will know what is happening to Bitcoin now has always been happening it’s not new and for those who are wise this is the best time to accumulate more Bitcoin because the price is already low than before so if you have a reserve funds you can use it to accumulate now with less price.

This should be the time for Buy Buy Buy and not Sell Sell Sell

Regardless of the Bitcoin market situation, I am not stopping investing in Bitcoin right now because now is a very reasonable and appropriate time for me to invest in Bitcoin. I started investing in Bitcoin at a price of over $100,000 but I have always used the DCA method. I am still investing using the DCA method but even though I invested with the DCA method, I invested a little more Bitcoin when the Bitcoin market reached $60,000. I am not worried about my investment at all because I know that Bitcoin will definitely grow and my investment will be very successful. Many people may be selling now because of the volatility of the Bitcoin market but those who are selling have made the biggest mistake because it is not the time to sell the investment but the time to increase the investment.

[Woodie]

This is depressing if you got on the Bitcoin boat around $120K, and to be forced to hodl through this dip is something not fun at all.. reminds me of the streamer that committed suicide because price went against there anticipation which should never have ended this way, but it's a learning curve for all.. price will definitely bounce back and we don't need to be in panic mode.

[Jostern]

Those who started accumulating bitcoin when Bitcoin was $90k or $100k do you still believe in bitcoin now that Bitcoin price has fallen to $70k plus in price and with the way things are going it will keep falling.
Are you planning on selling now and then lose or you are planning on holding with believe that bitcoin will rise up again in the future.
I will give you an advise please before taking any decisions go through the history of Bitcoin growth when you do that you will know what is happening to Bitcoin now has always been happening it’s not new and for those who are wise this is the best time to accumulate more Bitcoin because the price is already low than before so if you have a reserve funds you can use it to accumulate now with less price.

This should be the time for Buy Buy Buy and not Sell Sell Sell

I made 2 buys today.

I will continue buying this year.

The real deal right now is to keep buying Bitcoin and holding Bitcoin for a very long term purpose, I also bought some Bitcoin yesterday, but I will have to provide a possible means of financing and buying more Bitcoin into my portfolio and keep holding, I really think there is no problem trying to buy Bitcoin on a discount price, which is why buying regularly is very important.

Most Importantly is to device a possible means of increasing my discretionary income, and also figuring out my cashflow and have a good possible means of saving more money for a possible accuracies of Bitcoin, where people who are mostly interested in buying the dip to keep achieving their motives.

[STT]

Price afterwards isnt that relevant, its only a matter if you wanted to sell in that time period.  Buying BTC and selling within a few months unless you are literally using it online as digital currency is not a realistic ambition to profit from.  
  Personally I'm still not convinced of a grander move that has to resolve negatively, its clearly challenged and it might be the fight ongoing is the story for this entire year but that's just free markets as not everyone will agree where Bitcoin should be or at what price.    You have to take the good with the bad and allow people to trade at whatever price encourages the greatest interest and volume to register.

72k is the weekly average now, quite nearby and I will watch that area for when or if BTC can turn positive in its trend shorter term.

[YOSHIE]

This should be the time for Buy Buy Buy and not Sell Sell Sell

In essence, in the current market situation, of course there is a lot of negative and positive speculation that will emerge after the price of Bitcoin rises and falls to half the price of its increase.

In trading, backward and forward speculation still exists, currently the international world is in turmoil with various obstacles and problems, of course in a situation like this we must understand that investors prefer physical, digital, This means that currently Bitcoin is not the target of investors, they prefer to sell rather than buy, the reason is that the price of crypto on the market has plummeted.

I speculate that the market will experience another decline, it is not yet the time to buy, there is a right time to buy, today it continues to fall to the level of $68.8k and for now it is still showing a downward trend.

[Stable090]

This is depressing if you got on the Bitcoin boat around $120K, and to be forced to hodl through this dip is something not fun at all..

It’s really annoying to buy at the top and you going to see the market crash, most people will wish they are buying now and they didn’t buy when the price was still high. If you buy at the top, you don’t just have choice than to keep on holding because it’s won’t just make sense to sell when the market is already down. If you bought when bitcoin was around $120k, then just keep on holding, bitcoin price is still going to bounce back, all you should do now is just to keep on accumulating if you are having extra cash with you.

[Hazink]

I think it will get worse before it gets better

With the way the market is going, I believe it will eventually go down below what people are complaining of, maybe 55–60, or I believe it's an all-time high because the way it's struggling to hold the $70k level, if that which is holding it at that point gets cleared, then more dump is going to happen, and we can't prevent that.

[red4slash]

This is depressing if you got on the Bitcoin boat around $120K, and to be forced to hodl through this dip is something not fun at all..

It’s really annoying to buy at the top and you going to see the market crash, most people will wish they are buying now and they didn’t buy when the price was still high. If you buy at the top, you don’t just have choice than to keep on holding because it’s won’t just make sense to sell when the market is already down. If you bought when bitcoin was around $120k, then just keep on holding, bitcoin price is still going to bounce back, all you should do now is just to keep on accumulating if you are having extra cash with you.

There is definitely a bit of a bad feeling when seeing conditions like this but regret is not a solution because what we have decided in the end we must be responsible for and I think those who do this should just continue to try to buy back at a cheaper price now with a focus on the long term if they still have money that will not be used in the near future.

We know that bitcoin is fluctuating and right now we are in a bearish, it could be that the price will be much more declining for some time to come even though we are currently still rotating at $60k-$70k but all possibilities can still occur and we must as much as possible remain calm in making decisions lest we take the wrong action that makes us regret it in the future.

[uneng]

I still believe Bitcoin will surpass the 100,000$ mark. Not this year, not the next year, but probably from 2028 on... We have already seen this movie before, so I consider it to be a natural tendency of the market which has to be respected and understood as a healthy correction to sustain even higher prices futurely, once more investors and more money is injected in Bitcoin currency.

The negative news can only impact the newbies, because everything here is quite new for them. On the other hand, for investors who here since 2022 or so, there is no reason for despair, since they are familiarized with the current scenario and with what comes next.

[Jubilee58]

Those who started accumulating bitcoin when Bitcoin was $90k or $100k do you still believe in bitcoin now that Bitcoin price has fallen to $70k plus in price and with the way things are going it will keep falling.
Are you planning on selling now and then lose or you are planning on holding with believe that bitcoin will rise up again in the future.
I will give you an advise please before taking any decisions go through the history of Bitcoin growth when you do that you will know what is happening to Bitcoin now has always been happening it’s not new and for those who are wise this is the best time to accumulate more Bitcoin because the price is already low than before so if you have a reserve funds you can use it to accumulate now with less price.

This should be the time for Buy Buy Buy and not Sell Sell Sell

People who understand how bitcoin investment works will still stand on their ground despite Bitcoin price dip. What is going on in the market now is not new as bitcoin is known for it's volatility and price fluctuation. Like you made mention here, it is necessary to make a research and understand Bitcoin historical price record before taking any action. It will surprise you that even though the price of bitcoin is going down, some instructions and private investors are so confident that in future, the trend will change and they will recover and still make their profit, therefore instead of selling their bitcoin asset, they even see the need to buy more Bitcoin.

[colinistheman]

The negative news can only impact the newbies, because everything here is quite new for them. On the other hand, for investors who here since 2022 or so, there is no reason for despair, since they are familiarized with the current scenario and with what comes next.

This will depend on their goals and expectation. Many long term investors believe that this time will be different and that there will be a supercycle, rather than believing that history will repeat itself. Most of them have not taken profit yet when Bitcoin is above $120k , and if they do not have a backup plan and only bet on a single scenario. They will also be affected and panicked by what has happened

If you pay attention, you will notice that not many people want Bitcoin to fall in price any further. This shows that not only new investors but also many experienced investors were unprepared and unready for the recent decline in bitcoin.

[el kaka22]

It's down under 70k again, as we can see it's easy to go up and down for bitcoin and we should not be hopeful about this year. I know that the bounce made some people hopeful and they thought that we hit the bottom already and going to go up from here, but that is not how it's going to go.

This year is the bear year and you have to accept that, there is no money to be made from any of this and you should just focus on how you could benefit from bitcoin reaching the bottom price, that will be the way to get you more money. If you keep thinking that it will go higher, then you will keep buying more at these levels and you are going to keep losing money. That's not going to be ok for you and results will not be good at all.

[Cointxz]

It's down under 70k again, as we can see it's easy to go up and down for bitcoin and we should not be hopeful about this year. I know that the bounce made some people hopeful and they thought that we hit the bottom already and going to go up from here, but that is not how it's going to go.

This year is the bear year and you have to accept that, there is no money to be made from any of this and you should just focus on how you could benefit from bitcoin reaching the bottom price, that will be the way to get you more money. If you keep thinking that it will go higher, then you will keep buying more at these levels and you are going to keep losing money. That's not going to be ok for you and results will not be good at all.

It’s too early to conclude for that since Bitcoin can pump the price above 100K within a month based on price history and we all know that 4 year cycle of Bitcoin was already broken.

The price staying above 60K is still a good sign that bulls are still not giving up.

But most likely we will have a low price this year compared to before that it’s always bullish.

[landheer]

I've been accumulating using the DCA technique since BTC was at $100,000 until now, when its price has dropped significantly. Therefore, I will continue to hold my BTC, as its price will undoubtedly rise in the future. I bought BTC not for trading, but for long-term storage. Therefore, I don't care whether it drops or not, as holding BTC for the long term offers the potential for profit.

Currently, BTC's price has dropped to below $70,000, so I plan to continue buying BTC, as I believe this is the right time to buy BTC. Indeed, if we look at BTC's price history, now is the best time to buy BTC and hold it for the long term.

[CryptoYar]

Bitcoin is going through very tough test after crash from a high of $126296 to about $60000. Most of those in 100k Club saw 45 percent losses on paper, and many big groups bought in at average price of around 84000. Although social media is feeling Extreme Fear current numbers show that smart investors are on buying run. Huge company buy orders are being set at 60000 price mark and small private buyers are quietly saving tiny amounts of Bitcoin during the drop.

In past there has never been such large drop from new high in Bitcoin without recovery afterwards. Technical signs like Mayer Multiple are reaching very low levels not seen since 2022. We are technically in darkest days time, and this is usually rare chance to buy at the bottom. To my mind even if one is able to handle short term price swings, this is less of crash and more of big sale. This is because the price is still being held up by record breaking mining power and very strong floor around $58000.

[boyptc]

I've been accumulating using the DCA technique since BTC was at $100,000 until now, when its price has dropped significantly. Therefore, I will continue to hold my BTC, as its price will undoubtedly rise in the future. I bought BTC not for trading, but for long-term storage. Therefore, I don't care whether it drops or not, as holding BTC for the long term offers the potential for profit.

That's the spirit and mindset.

Because the others will say the same thing and yet, they'd be disappointed and the drop will be the reason for them to stop accumulating.

Consistency is the key on this and that's hard to beat, you'll have to make sure that you've got a long term plan whatever the market status is.

Currently, BTC's price has dropped to below $70,000, so I plan to continue buying BTC, as I believe this is the right time to buy BTC. Indeed, if we look at BTC's price history, now is the best time to buy BTC and hold it for the long term.

Just keep on doing it.

I am doing the same and no one is going to stop us because in the end, we'll be the ones to benefit this consistency and hard work of DCAing.

[AprilioMP]

Those who started accumulating bitcoin when Bitcoin was $90k or $100k do you still believe in bitcoin now that Bitcoin price has fallen to $70k plus in price and with the way things are going it will keep falling.
Are you planning on selling now and then lose or you are planning on holding with believe that bitcoin will rise up again in the future.
I will give you an advise please before taking any decisions go through the history of Bitcoin growth when you do that you will know what is happening to Bitcoin now has always been happening it’s not new and for those who are wise this is the best time to accumulate more Bitcoin because the price is already low than before so if you have a reserve funds you can use it to accumulate now with less price.

This should be the time for Buy Buy Buy and not Sell Sell Sell

I still believe that nothing has changed. Now is the time to accumulate more Bitcoin than usual if you have enough money. For me, this is the time to play the buy strategy, but not to buy all at once, because it is still possible that the price will continue to fall until it reaches $50k. I say this considering the previous halving data and its relation to the ATH price of $126,000, with the bottom price of Bitcoin likely to experience a decline of up to 60%.
This is uncertain, but given the current market reality, I believe it could happen.

[Zigabel]

Those who started accumulating bitcoin when Bitcoin was $90k or $100k do you still believe in bitcoin now that Bitcoin price has fallen to $70k plus in price and with the way things are going it will keep falling.
Are you planning on selling now and then lose or you are planning on holding with believe that bitcoin will rise up again in the future.
I will give you an advise please before taking any decisions go through the history of Bitcoin growth when you do that you will know what is happening to Bitcoin now has always been happening it’s not new and for those who are wise this is the best time to accumulate more Bitcoin because the price is already low than before so if you have a reserve funds you can use it to accumulate now with less price.

This should be the time for Buy Buy Buy and not Sell Sell Sell

The best point of action at this time for people who had accumulated Bitcoin earlier would be to Hold because it is very likely Bitcoin will get back up in the future but if they sell now, they may be in such a loss that they may not be wanting or expecting at this time which will affect their wallets in a way that will likely not be good for their pockets because they may not be bale to bear such loss. but if they have some more money, they can proceed further to add more to their accumulations already so that when the bull begins, they will get to profit early before it gets to the point of the first accumulation.

[8rch7]

The best point of action at this time for people who had accumulated Bitcoin earlier would be to Hold because it is very likely Bitcoin will get back up in the future but if they sell now, they may be in such a loss that they may not be wanting or expecting at this time which will affect their wallets in a way that will likely not be good for their pockets because they may not be bale to bear such loss. but if they have some more money, they can proceed further to add more to their accumulations already so that when the bull begins, they will get to profit early before it gets to the point of the first accumulation.

Sure, one day later bitcoin will get back up to the higher price and right now is the best moment to accumulate bitcoin during always raise new lower price every day, now bitcoin drop to $66k and most of us on the happiness moment to accumulate bitcoin because have raise dip price. If have much fund I think great chance to accumulate bitcoin as much as possibility but keep left fund waiting for the possibility bitcoin will make another lower price.
Current bitcoin price still not stable yet and right time if want to accumulate, but scalping for bitcoin not really bad ideas during gap around 5% to 10% for weekly bitcoin raise up, however make your own research and make final decision want to be long term holding in bitcoin or for  nowadays get scalping in bitcoin trading.