Time to long Bitcoin or further drop ?

[abaeze]

To be honest , I longed from 65k . But I now start to have another fear of a slow drop from the current price . I will appreciate some technical analysis or opinions.

Now in my opinion the most important and effective discussion is buy every dip and hold for the next long ATH. There is no safer way than this. No one can say exactly how much the price of Bitcoin will fall. So the biggest profit is to make a prediction that will not cause a loss. I don't know who uses what leverage but if the price movement becomes more unpredictable then 1x 2x leverage is safe to use but more than 3x or 4x is very risky and it is better to close the position.

[letteredhub]

To be honest , I longed from 65k . But I now start to have another fear of a slow drop from the current price . I will appreciate some technical analysis or opinions.

Now in my opinion the most important and effective discussion is buy every dip and hold for the next long ATH. There is no safer way than this. No one can say exactly how much the price of Bitcoin will fall. So the biggest profit is to make a prediction that will not cause a loss. I don't know who uses what leverage but if the price movement becomes more unpredictable then 1x 2x leverage is safe to use but more than 3x or 4x is very risky and it is better to close the position.

Just buy and hold for long duration of time when the bull season resumes again and be rest assured of making profit from any price you would buy bitcoin currently. With the dip which has made price movement unpredictable towards what trend it may take in the next hour using leverage becomes highly risky whether you're longing or shorting your trade it doesn't matter. Except where you have a few bucks to risk you can be trading at this uncertain period.

[barbara44]

I would say it is not a smart decision to long bitcoin just yet, surely I could be wrong as much as the next guy, but after the bull run, we are usually followed by a bear year, and it keeps going down that year and I think it will keep on going down, until you get confirmation on return of bulls, you must delay your plans of going long in big quantity. But if you are talking about long term and only some small amount then you must continue your DCA even right now.

Some people speculated about 'already bottomed' and even I agree with them, there wouldn't be any guarantee for not testing similar low levels again to form "double bottom" or even "triple bottom" also highly possible. Bottomed out alone cannot be an enough reason to go long.

[imthegreat]

To be honest , I longed from 65k . But I now start to have another fear of a slow drop from the current price . I will appreciate some technical analysis or opinions.

As of today, the chart shows that Bitcoin is in a deep accumulation phase after the price collapse.
The price in the region of $60-65 thousand corresponds to the levels of the greatest capitulation (this is where the 80-95% loss zone is for late buyers). And this is a typical behavior at the end of a bear market.
The market has passed the break-even phase for long-term holders, and now the weak market participants are leaving, fixing huge losses before the trend change.
As a conclusion: if the $60k level eventually stands, being strongly supported, then the coin transition process will end by the second half of 2026 and a new growth phase will begin. But if a breakdown occurs, then a hike to $50k is more likely.

[Mpamaegbu]

Now in my opinion the most important and effective discussion is buy every dip and hold for the next long ATH. There is no safer way than this. No one can say exactly how much the price of Bitcoin will fall.

Yes, you're right about no one accurately knowing where Bitcoin will bottom out. However, I think it's still preemptive to buy now; especially for those longing it on Futures. It's safer for Spot traders to buy because they won't get liquidated if it dips further. Futures trader should stay cautious, except they just want to gamble it out. Bitcoin is ranging now. The best thing to do when market ranges is stay out.

[Wind_FURY]

Now in my opinion the most important and effective discussion is buy every dip and hold for the next long ATH. There is no safer way than this. No one can say exactly how much the price of Bitcoin will fall.

Yes, you're right about no one accurately knowing where Bitcoin will bottom out. However, I think it's still preemptive to buy now; especially for those longing it on Futures. It's safer for Spot traders to buy because they won't get liquidated if it dips further. Futures trader should stay cautious, except they just want to gamble it out. Bitcoin is ranging now. The best thing to do when market ranges is stay out.

You're right in saying to buy now, and I'll also say that while Bitcoin is still going through a DIP phase, then buy more when it goes LOWER to get a lower average entry price.

BUT for those longing futures? NO, don't do that. You'll be waiting for a surge that might come MONTHS later in 2026 and you'll be paying a large amount in fees.

[RockBell]

To be honest , I longed from 65k . But I now start to have another fear of a slow drop from the current price . I will appreciate some technical analysis or opinions.

Now in my opinion the most important and effective discussion is buy every dip and hold for the next long ATH. There is no safer way than this. No one can say exactly how much the price of Bitcoin will fall. So the biggest profit is to make a prediction that will not cause a loss. I don't know who uses what leverage but if the price movement becomes more unpredictable then 1x 2x leverage is safe to use but more than 3x or 4x is very risky and it is better to close the position.

Just buy and hold for long duration of time when the bull season resumes again and be rest assured of making profit from any price you would buy bitcoin currently. With the dip which has made price movement unpredictable towards what trend it may take in the next hour using leverage becomes highly risky whether you're longing or shorting your trade it doesn't matter. Except where you have a few bucks to risk you can be trading at this uncertain period.

That is just one simple way to go about all this just buy and hold and which ever strategy you might be using it is wise to hold and not sell that is the essence of buying in the first place  and as far as you buy and you are patient enough I agree with you you that you will definitely make profit and don't know why that is a problem for them and couple with the fact that the price is unpredictable makes it more interesting because there is no way than for to wait when the price bounces back and also record a new ATH then you can either way decide to buy.

When you don't what is important when you leverage and take profit and stop loss then this are the ways you can reduce the risk of losing to. Much when it comes to trading a lot of people don't longer get the logic and they intentionally don't want to be disciplined trader. And the implications that comes with not following the rule is just crazy and now it looks like people will learn the hard way since they don't want to bend the rules they just want to make quick money.

[summonerrk]

As a conclusion: if the $60k level eventually stands, being strongly supported, then the coin transition process will end by the second half of 2026 and a new growth phase will begin. But if a breakdown occurs, then a hike to $50k is more likely.

We recently went for $60,000 and this beautiful number turned out to be indestructible. In general, Glassnode analysts write that we are now in the critical range of 60-70k, where buyers are starting to enter, as can be seen from the heat maps. Moreover, I already saw this information yesterday, and today there are articles about whales coming in (I'm talking about spot, of course).

This is also the historical range where there has been a lot of BTC trading throughout most of 2024.
Moreover, there is a "liquidity trap" below 60k, as analysts say, so it is better not to dive there.

[Wind_FURY]

As a conclusion: if the $60k level eventually stands, being strongly supported, then the coin transition process will end by the second half of 2026 and a new growth phase will begin. But if a breakdown occurs, then a hike to $50k is more likely.

We recently went for $60,000 and this beautiful number turned out to be indestructible. In general, Glassnode analysts write that we are now in the critical range of 60-70k, where buyers are starting to enter, as can be seen from the heat maps. Moreover, I already saw this information yesterday, and today there are articles about whales coming in (I'm talking about spot, of course).



This is also the historical range where there has been a lot of BTC trading throughout most of 2024.
Moreover, there is a "liquidity trap" below 60k, as analysts say, so it is better not to dive there.

Plus give it a few months. Bitcoin's 200-Week SMA Line might be in that critical range and might prove that that's where the Golden Opportunity to enter this cycle lies.

But to be honest, I'm hoping for more DIPs which may or may not happen. It will depend on the macro-economic and geo-political environment now.

[Hamza2424]

To be honest , I longed from 65k . But I now start to have another fear of a slow drop from the current price . I will appreciate some technical analysis or opinions.

Bro book profit simple as the chances for another drop are higher than the market going above $80k for now because regardless of the buying pressure the market is being pushed down by the bears and now eventually  fear it will dump but it is a good opportunity for long term buyers, longing btc in this market is very risky, I will not advise you to do long or short, especially long because bro it is bear and you are playing with them which is not a good move haha.

But it is your game, you want to risk, then ok go for it but I advise you to book profit and exit, or wait for the next opportunity.

[EarnOnVictor]

To be honest , I longed from 65k . But I now start to have another fear of a slow drop from the current price . I will appreciate some technical analysis or opinions.

I don't need to bore you or anyone with some charts, just go to your monthly and weekly charts of Bitcoin and tell me what they read. All reads red, right? That means the market is still very bearish. Now, this doesn't mean it can't just start going up, which is where your own decision matter this time. Some will not wait till the perfect bottom before buying. You may start too since a significant dip has occurred, you might start DCA approach at this time. And if you've already bought it, I don't think selling at a price close to $65,000 (current levels) is a good idea. You might just target a lower level to buy more instead.

[0xredhot]

It can even dip further during new escalations and all U.S planes flying into middle east. I am DCAing small % here, and waiting for $40-45k range, might not happen but who knows if it does then I am buying bigger chunks % at those levels.

[taufik123]

-snip-
longing btc in this market is very risky, I will not advise you to do long or short, especially long because bro it is bear and you are playing with them which is not a good move haha.

Do some strategies, just buy gradually and don't buy with all your money because the market is volatile and can plummet to the lowest price.
Now that people are still vigilant and see how the market will work, the crypto market is in a lot of turmoil so retail traders are just looking at how the market will be next,
whereas whales and some big buyers only sell when prices are high and take big profits, but now they will buy again to buy cheaper.

[Arenga pinnata]

During a bearish season, prices will continue to fall. However, there will always be an increase first. As is the case now, the price may not fall too far from its current level. After this, I think bitcoin could rise back to $80k USD. However, after that, we may see an even more severe decline, perhaps to $50k. Personally, I have started accumulating again. But not much. Because I am waiting for a sharper decline, which is bound to happen. We just need to be patient. Personally, I sometimes do DCA without thinking about the price. Because what I think is that sometimes the money I have, if not spent immediately, ends up being used for things that are not very important. So when I have extra money, I sometimes immediately put it into the market and buy BTC, even if it's only a little.

[Yorubek]

During a bearish season, prices will continue to fall. However, there will always be an increase first. As is the case now, the price may not fall too far from its current level. After this, I think bitcoin could rise back to $80k USD. However, after that, we may see an even more severe decline, perhaps to $50k. Personally, I have started accumulating again. But not much. Because I am waiting for a sharper decline, which is bound to happen. We just need to be patient. Personally, I sometimes do DCA without thinking about the price. Because what I think is that sometimes the money I have, if not spent immediately, ends up being used for things that are not very important. So when I have extra money, I sometimes immediately put it into the market and buy BTC, even if it's only a little.

What you say is true, but from my point of view, waiting too long for a recession to buy Bitcoin is not at all right. It is logical to buy Bitcoin using the DCA method with prudent money by maintaining consistency. When we buy Bitcoin through the DCA method, we do not need to have a proper understanding of the volatility in the market, it does not require much money, a large amount of Bitcoin can be purchased gradually and can be hold for a long time very easily, thus reducing investment risk. When we can buy Bitcoin consistently and hold it patiently for the future, we can expect big profits.

[_BlackStar]

-snip-

What you say is true, but from my point of view, waiting too long for a recession to buy Bitcoin is not at all righ.

I'm curious about your reasons. I agree that there are pros and cons to investment approaches including waiting to buy instead of DCA - but some of the reasons are also unreasonable, including forcing your self to buy with DCA because it cannot do the analysis.

It is logical to buy Bitcoin using the DCA method with prudent money by maintaining consistency. When we buy Bitcoin through the DCA method, we do not need to have a proper understanding of the volatility in the market, it does not require much money, a large amount of Bitcoin can be purchased gradually and can be hold for a long time very easily, thus reducing investment risk. When we can buy Bitcoin consistently and hold it patiently for the future, we can expect big profits.

Some people buy DCA because they truly understand how it works - while others are too lazy to do the analysis. But instead of 100% DCA - I think buying a lump sum is sometimes more profitable if you really know when to do it.

[shinratensei_]

Wait until break out and entry again when the break out get corrected. You will never know if bitcoin gonna go up or gonna have further drop because we are in consolidation zone and the only strong indicator that is helpful enough is the breakout.
Figure out the support and resistance zone and see whether the price broke out to one of them.

It can even dip further during new escalations and all U.S planes flying into middle east. I am DCAing small % here, and waiting for $40-45k range, might not happen but who knows if it does then I am buying bigger chunks % at those levels.

This is what I'm afraid too, the escalation could literally happen anytime, nobody in the market right now want to increase their size due to all these risks.