Last Chance To Buy Bitcoin Under $70k

[Pandu Geddon]

Finally, Bitcoin has surpassed $70k again, after several times we saw Bitcoin trying to reach it but eventually falling back. Bitcoin is currently at a price of $73k, it might continue to rise to $75k. But I am not sure about the long-term condition. There are still concerns about the ongoing war. We still need to be cautious if there is a decline after this.

[philipma1957]

While the "paper hands" are trembling because Bitcoin is "stuck" at $68,000, the smart money is quietly laughing.

We are currently at the edge of a massive breakout. Here’s why $70k is the last "cheap" entry you’ll ever see:

- US Manufacturing is back (PMI > 50). Historically, a strong US industry combined with cooling inflation is the perfect fuel for BTC. The market has already absorbed the Middle East tensions, Bitcoin is showing more resilience than the Nasdaq right now.

- The China/Asia Rumor is Real: Institutional desks in Hong Kong and Singapore are preparing for a massive policy shift. When the "Asian Whale" wakes up, $70k will be a distant memory in the rearview mirror.

- Look at the funding rates. The bears are overleveraged, betting on a drop back to $60k. They are literally begging to be liquidated. One push past $71.9k and we’re flying straight to $95k without a pit stop.


You can keep waiting for that "perfect dip" to $50k while the ETFs and sovereign funds gobble up every satoshi at 1.79 Billion VND. Or, you can realize that the train is leaving the station.

$70k is the new $20k. Don't say I didn't warn you when you're buying the top at $100k next few months.

Are you buying, or are you waiting to "HFSP"?

you look pretty clever at the moment.  and lots of posters here look like sissy Marys to afraid to invest and hodl.  good man.

[FirmWars]

It's a warning indeed, I'd like to see it come true, seeing price turn green again after few month in red will make people happy and motivated to hold. I have no fear buying at the top, investing now is possible when you have the money in hand but when  you are still sourcing for money to buy and you miss the opportunity to buy from $70k, it doesn't mean you should not buy when price is no longer at the discount price. So many people do not have money to buy now, they will wait until they do before investing.

[Ndabagi01]

$70k is the new $20k. Don't say I didn't warn you when you're buying the top at $100k next few months.

Are you buying, or are you waiting to "HFSP"?

Is this what you proclaimed already happening? The market look all bullish and the sentiment around the market is now moving towards a bullish one, will Bitcoin be able to continue this bullish rally indeed? We should see a continuous bullish rally from this point, if we’ve really seen the barest minimum the market should have already gotten to and the bulls taken over the market already. The market is currently trading above $73K, let’s see how long it is going to hold on to that price, it is really going to be a big miss for those waiting for the market to fall more before buying. Nothing is over yet, until it is really over.

[aylabadia05]

If you choose to use the DCA method for purchasing, you will not be affected by the market price at any given point because the focus is on Bitcoin and not the price.
Purchases below $70k could be the last for people who make large purchases at once.
A price increase does not mean it will not fall again. The current price above $70k can be categorized as the market being tested. It could fall again depending on how people react in the market. If there are still many sellers, it will be difficult to continue rising to $80k. But amid the war, the Bitcoin market can be said to be rising while other markets are falling. This is good.

[batang_bitcoin]

$70k is the new $20k. Don't say I didn't warn you when you're buying the top at $100k next few months.

Well, we'd say thanks to you. All of us who have decided to accumulate back for the next bull run, I hope that we'll never see $70k again although it's too early to say that.

Are you buying, or are you waiting to "HFSP"?

I did bought a few and I'm hoping to see more of the cheaper price. But now that it has moved to $70k, okay next price high again and I'll still be fine with it. I'll choose to look at my portfolio having more increased value than accumulating when it's quite low.

[Josefjix]

5 days ago we were in a Bear market, this war on Iran wont necessarily change that long term.

Immediately Isreal announced the beginning of the war, bitcoin price fell from $67700 and later fell to $63000 but it immediately started to increase and got back to $70000 two days after. We should not link the bear market to the war at all. Bitcoin price can fall immediately a war begin but it do increase back within hours.

The market is getting used to the war, there is no more slow movement or sideways charts, now that the market is starting to go higher, no matter any decisions to be taken during this war won't affect the market or may affect a little but not overall like the first time when the news of war started.

That's how the market behaves sometimes, it gets used to a situation and a start movement even when the situation hadn't ended yet, the market just seems to notice a strange influx of buy and sell order, once there is balance in the both, then market restructure back.

[summonerrk]

Donald Trump has ruled out the possibility of a deal with Iran. The US stock market opened with a decline, Brent crude oil rose to $93 dollars, and these factors led to a decline in the crypto market. Support at 65K remains strong, while resistance at 72-75K is being tightened by sell orders. It is more likely that BTC will remain in the range of 66K-69K until the close of the US trading session. Which, in principle, will again allow investors to buy below 70,000, although those who buy using the DCA method will not be mistaken in any case.

[free-bit.co.in]

The market is getting used to the war, there is no more slow movement or sideways charts, now that the market is starting to go higher, no matter any decisions to be taken during this war won't affect the market or may affect a little but not overall like the first time when the news of war started.

That's how the market behaves sometimes, it gets used to a situation and a start movement even when the situation hadn't ended yet, the market just seems to notice a strange influx of buy and sell order, once there is balance in the both, then market restructure back.

The market will gradually adapt if the war lasts longer, but I don't think it is time to say that war no longer affects the market.

To date, the war has entered its eighth day and its impact on the economy remains unclear and not yet severe. Oil prices have risen by more than 35% and could increase sharply in the near future. If that happens, it means inflation will rise again, and then our lives ( investors) will be directly affected. With rising living costs potentially restricting investment flows, this will significantly impact the market.
So in my opinion, it is still too early to say that bitcoin will no longer be affected by the war.

[Bobrox]

Indeed last several day bitcoin success break out to $74k its not the last moment to buy bitcoin under $70k because current lower price bitcoin dump to $66k, for short term trading is not last time buy back and take profit as soon as possible during bitcoin not stable yet after hitting above $74k last few days ago and right now get back to lower price with correction almost 8%.
I think bitcoin can't stable yet and hit above $74k without any correction, if you invest bitcoin better take moment for short term right now how many time after bitcoin hit higher price just stable for few days only before bitcoin dropping to lower price. If you have buy bitcoin around $67k you can set up selling order above $72k and waiting the next few days has possibility bitcoin has pattern will drop to lower price.

[Iranus]

$70k is the new $20k. Don't say I didn't warn you when you're buying the top at $100k next few months.

Are you buying, or are you waiting to "HFSP"?

I'm not sure if this is the last time and the last chance for us to buy bitcoin under $70k. Because the market is unpredictable, there is no certainty that the $60k is the bottom of the cycle and that the bear market is ending. However, I think that with Bitcoin having fallen significantly from its peak, accumulating at the current price is a reasonable decision. Waiting for the price to drop further before buying is quite risky because there is no guarantee it will fall, although that is still possible in a volatile market like crypto

[Kelward]

When Bitcoin price was at 120,000$ last year there were rumours in the market that price will never down below 100,000$. Now price of Bitcoin is under 70,000$ and we are not sure whether price will go up from here or go down below 60,000$. In case of Bitcoin price nothing is final, price can go up to new ATH and within weeks it can go bearish. We have seen this in last year October, Bitcoin was at its ATH in first week and after that price has gone down to current level of 68,000$. Whenever Bitcoin price is down we must take this as an opportunity to buy more Bitcoins.   

Bitcoin current price has shown that it is not the last chance to buy Bitcoin bellow $70k because it is currently bellow that price at $67k presently and it goes to show you that we shouldn't predict price with all our confidence, it can make rubbish of our speculations. At every point there is always speculations in the market, either it's FOMO or FUD and people depending on which side they are on would take everything said to heart. Don't make your Bitcoin investment decisions based on somebody's speculations because most times they have proven to be totally wrong.

[Zaguru12]

I'm not sure if this is the last time and the last chance for us to buy bitcoin under $70k. Because the market is unpredictable, there is no certainty that the $60k is the bottom of the cycle and that the bear market is ending. However, I think that with Bitcoin having fallen significantly from its peak, accumulating at the current price is a reasonable decision. Waiting for the price to drop further before buying is quite risky because there is no guarantee it will fall, although that is still possible in a volatile market like crypto

I personally will tell you that I expect bitcoin to go as low as $50k in this bear market and that this low isn’t done yet but same way my advice has always been never wait for a certain price before you buy bitcoin. There is a saying that today’s price might be the cheapest price you buy bitcoin so best thing is to buy now and not wait.

The easiest thing to do is to actually DCA as this saves one from any kind of miss opportunities, you can easily just have some stack around to actually use for aggressive buying when it falls down more to your anticipated or predicted low price instead now is the best time to accumulate

[Awaklara]

I think bitcoin can't stable yet and hit above $74k without any correction, if you invest bitcoin better take moment for short term right now how many time after bitcoin hit higher price just stable for few days only before bitcoin dropping to lower price. If you have buy bitcoin around $67k you can set up selling order above $72k and waiting the next few days has possibility bitcoin has pattern will drop to lower price.

For those who indeed have a short-term plan, taking profits can be done with the current situation. I think Bitcoin has risen several times and then corrected, like it is now. It is possible that those who have sold above $70k are waiting for a drop to $65k or lower. But for those who have a long-term plan, buying at the current price range is not a problem. And I think situations of pumping and correction like this could happen again this month.

[_BlackStar]

Nobody knows for sure - but there's no harm in preparing wisely.
Some investors are hesitant to buy now due to Middle East tensions - while others are buying and continuing to accumulate, but everything should be tailored to each individual's plan and nothing should be forced. It's okay to buy now and it's also not a mistake to hold off for a while and not make an entry - this should be done with careful planning and should be prepared for all forms of risk.

[silpersurfer]

When Bitcoin price was at 120,000$ last year there were rumours in the market that price will never down below 100,000$. Now price of Bitcoin is under 70,000$ and we are not sure whether price will go up from here or go down below 60,000$. In case of Bitcoin price nothing is final, price can go up to new ATH and within weeks it can go bearish. We have seen this in last year October, Bitcoin was at its ATH in first week and after that price has gone down to current level of 68,000$. Whenever Bitcoin price is down we must take this as an opportunity to buy more Bitcoins.   

These words are common speculation in price polls, so it is not unusual for people to say their predictions, even though they have no guarantee of truth that we can trust because it is just speculation.
Looking at the bitcoin price table data, we should be in a winter situation where according to the graph we are maintaining a price level above $60k, this nominal could be one of our alternatives for buying bitcoin because it seems like adoption is getting stronger when the price is below $70k, bitcoin is holding itself back from falling more than 50%, even if it goes down again in my opinion it won't be more than 60% of its ATH, this is indeed a buying opportunity because returning to the top is very possible, we just need to wait patiently.

[Orpichukwu]

i buy no matter what the price. if you think the price is low enough now then just buy and if you think it has the potential to go lower, still buy today to be sure. there’s no guarantee which way it will go but our goal remains the same and it’s to own bitcoin

The goal might actually be to buy and accumulate bitcoin, but the distraction in them might not allow that goal to be achieved. Imagine those who have the money to buy at a very perfect timing, but because they believe there is a button which the price has not really touched and there is a high possibility for it to reach there, by believing so, no matter how you try to convince such a person, they don't get involved in buying below the price they have pictured in their head.

[Danica22]

When Bitcoin price was at 120,000$ last year there were rumours in the market that price will never down below 100,000$. Now price of Bitcoin is under 70,000$ and we are not sure whether price will go up from here or go down below 60,000$. In case of Bitcoin price nothing is final, price can go up to new ATH and within weeks it can go bearish. We have seen this in last year October, Bitcoin was at its ATH in first week and after that price has gone down to current level of 68,000$. Whenever Bitcoin price is down we must take this as an opportunity to buy more Bitcoins.   

That is not just rumors. I remember very clearly that many people were very confident and asserted that Bitcoin would never fall below $100k at that time. And when it dropped below $100k, they declared that it would never drop below $80k, or $70k. But then, Bitcoin quickly dropped to $60k.

Indeed, Bitcoin is unpredictable and nothing is certain. The market moves in its own way, not according to what people expect. Therefore, the best time to buy Bitcoin is when the price is down and we are ready.

[danherbias07]

Well, the problem is money. No buying power yet.

I am sure that I want to stay poor for the rest of my life, but I will starve to death if I use my last savings to buy it all with Bitcoin. Yeah, this can be the last time that it would go this cheap, and lucky are those who have the budget to invest now, because they might reap their rewards soon if suddenly this goes up as people find their way into buying Bitcoin rather than other commodities because of the wars and economic problems that are happening in the world.

[MusaPk]

That is not just rumors. I remember very clearly that many people were very confident and asserted that Bitcoin would never fall below $100k at that time. And when it dropped below $100k, they declared that it would never drop below $80k, or $70k. But then, Bitcoin quickly dropped to $60k.

Indeed, Bitcoin is unpredictable and nothing is certain. The market moves in its own way, not according to what people expect. Therefore, the best time to buy Bitcoin is when the price is down and we are ready.

The bitcoin price prediction brigade is always ready to predict in every scenario. When Bitcoin price is high, these predictors will say price is going to the moon and when price goes down they will say that price is going to new lows. Its best not to follow these predictors because chances of their predictions going true are very low.

These words are common speculation in price polls, so it is not unusual for people to say their predictions, even though they have no guarantee of truth that we can trust because it is just speculation.
Looking at the bitcoin price table data, we should be in a winter situation where according to the graph we are maintaining a price level above $60k, this nominal could be one of our alternatives for buying bitcoin because it seems like adoption is getting stronger when the price is below $70k, bitcoin is holding itself back from falling more than 50%, even if it goes down again in my opinion it won't be more than 60% of its ATH, this is indeed a buying opportunity because returning to the top is very possible, we just need to wait patiently.

60,000$ is providing good support to Bitcoin and price is not going below 60,000$ which is an indication that this might be the bottom of current bearish trend. If someone is willing to buy right now then this is an ideal opportunity and best approach is to invest through DCA. Don't go for Lump sum strategy.