Last Chance To Buy Bitcoin Under $70k

[bangjoe]

Many people may not like this, and I am not waiting for anything either because nothing is certain. But I would still be happy if Bitcoin actually dropped below $70k or $60k in the coming month. That is not a disaster, it is a great opportunity to make money, so why be afraid?

You're right, Bitcoin dip is an opportunity to buy more, any dip is a blessing and not a curse even if you're an old investor, it's an opportunity to buy more and add to your Bitcoin portfolio. But I only take a stronger minded investors to stay calm during dip and buy, many investors sell and lose out because of fear. One good thing about Bitcoin investment is that it gives you assurance, your investment can't never be lost if only you hodl for long , you don't have to sell doing dip no matter the price of the dip,I stead see the opportunity as an advantage to buy more and keep.

I also hope so, because previously when bitcoin was at the $60k level I didn't buy more, so I regret a little bit about that time, maybe if I was more aggressive in buying yesterday it would have felt much better when it reached $80k.
Right now maybe some people are buying because $70k is difficult to break, or the negative trend has not been too hard to cause market panic, but it seems like a very good decision now is to buy when the price goes down, every support that is touched we should keep our DCA net there.

[bubilas]

There's an interesting observation about the days of corrections following Halvings: Today, Bitcoin will enter its longest correction of the new cycle, surpassing the 237-day correction that occurred in 2024.
As the chart shows, this is still far from the corrections that occurred during recent bear markets, that is, from the time elapsed before reaching a new all-time high: in 2015, it was 1,180 days, in 2019, it was 1,094 days, and in 2023, it was almost 850. It's also clear that over time, ATHs have been reached more quickly after bear markets.

[Ayers]

I would assume that it is going to keep going down. People think that it is not going to, but I disagree with that. There aren't enough buy pressure in the market today, and while there could be small upticks time to time, there isn't a big enough to make it go up too much.

This is why we should not be expecting this to happen often. I think with the way market is right now, and the war seems like it is slowing down or even nearing the ending, inflation will lower and the price of bitcoin will go down.

Price may keep falling, but just like them, you have no guarantee of that either.

The reality is that none of us know what will happen next in the market, and we are all just making predictions based on our own expectation. Therefore, instead of trying to prove who is right or wrong, I think we should take advantage of the opportunities the market provide. Every dip is a chance to accumulate Bitcoin at a better discount, and that is an opportunity we should not pass up.

[ChocolateBitcoinK]

I would assume that it is going to keep going down. People think that it is not going to, but I disagree with that. There aren't enough buy pressure in the market today, and while there could be small upticks time to time, there isn't a big enough to make it go up too much.

This is why we should not be expecting this to happen often. I think with the way market is right now, and the war seems like it is slowing down or even nearing the ending, inflation will lower and the price of bitcoin will go down.

Price may keep falling, but just like them, you have no guarantee of that either.

The reality is that none of us know what will happen next in the market, and we are all just making predictions based on our own expectation. Therefore, instead of trying to prove who is right or wrong, I think we should take advantage of the opportunities the market provide. Every dip is a chance to accumulate Bitcoin at a better discount, and that is an opportunity we should not pass up.

We must understand one thing that no matter how volatile Bitcoin is, no matter how much it fluctuates in the short term, if we can maintain it in the long term, this short-term volatility has no effect, in the long term Bitcoin gives us the greatest chance of success, which we can know very well if we consider it from the beginning to the current stage. Last week, the price of Bitcoin was $76K, but now the price has dropped to $67K, we should think about buying more at this time instead of panicking, the lower we can buy, the greater our profit will be later. We should not be panicked by seeing volatility, but rather we should continue to buy with long-term faith. Those who panic and sell will only regret selling later, so we should continue to buy even if the price drops. If we can continue to buy, our purchase price will continue to be formed at an average price, and because of this, our profit potential will be better.

[fuguebtc]

Many people may not like this, and I am not waiting for anything either because nothing is certain. But I would still be happy if Bitcoin actually dropped below $70k or $60k in the coming month. That is not a disaster, it is a great opportunity to make money, so why be afraid?

You're right, Bitcoin dip is an opportunity to buy more, any dip is a blessing and not a curse even if you're an old investor, it's an opportunity to buy more and add to your Bitcoin portfolio. But I only take a stronger minded investors to stay calm during dip and buy, many investors sell and lose out because of fear. One good thing about Bitcoin investment is that it gives you assurance, your investment can't never be lost if only you hodl for long , you don't have to sell doing dip no matter the price of the dip,I stead see the opportunity as an advantage to buy more and keep.

I also hope so, because previously when bitcoin was at the $60k level I didn't buy more, so I regret a little bit about that time, maybe if I was more aggressive in buying yesterday it would have felt much better when it reached $80k.
Right now maybe some people are buying because $70k is difficult to break, or the negative trend has not been too hard to cause market panic, but it seems like a very good decision now is to buy when the price goes down, every support that is touched we should keep our DCA net there.

Bitcoin dropped to $61k and is currently trading around $63k, I hope you will not miss this opportunity again.

Although there is still a possibility that Bitcoin will continue to fall below $60k and create new low. But as I said before, it is not wise to wait since nothing is certain. Instead, cast aside your fear and greed and buy a portion at this price level.


If we truly believe in Bitcoin and aim for greater profit in the future, we should not overlook opportunities like this.

[bangjoe]

I also hope so, because previously when bitcoin was at the $60k level I didn't buy more, so I regret a little bit about that time, maybe if I was more aggressive in buying yesterday it would have felt much better when it reached $80k.
Right now maybe some people are buying because $70k is difficult to break, or the negative trend has not been too hard to cause market panic, but it seems like a very good decision now is to buy when the price goes down, every support that is touched we should keep our DCA net there.

Bitcoin dropped to $61k and is currently trading around $63k, I hope you will not miss this opportunity again.

Although there is still a possibility that Bitcoin will continue to fall below $60k and create new low. But as I said before, it is not wise to wait since nothing is certain. Instead, cast aside your fear and greed and buy a portion at this price level.


If we truly believe in Bitcoin and aim for greater profit in the future, we should not overlook opportunities like this.

Of course, my position was already taken when bitcoin dropped earlier, so it's just a matter of seeing the next accumulation price target.

Now there is indeed a lot of speculation in that direction that bitcoin has the potential to print a new low price which was previously stuck at the $ 60k level, but I also agree that it is not certain because at this level it is very strong, of course I set the accumulation position at this price too even though it is a little bigger than before, but I think it is suitable for buying, and if it can indeed break down to $50k acting aggressively will also not be a problem in my opinion, the most important thing is to know the risks and our ability to hodling, because it could be a very long sideways next.

The opportunity of every 4 years to buy at the lowest price is very difficult and often people regret not being able to buy earlier, and don't let it happen again.

[ChocolateBitcoinK]

Many people may not like this, and I am not waiting for anything either because nothing is certain. But I would still be happy if Bitcoin actually dropped below $70k or $60k in the coming month. That is not a disaster, it is a great opportunity to make money, so why be afraid?

You're right, Bitcoin dip is an opportunity to buy more, any dip is a blessing and not a curse even if you're an old investor, it's an opportunity to buy more and add to your Bitcoin portfolio. But I only take a stronger minded investors to stay calm during dip and buy, many investors sell and lose out because of fear. One good thing about Bitcoin investment is that it gives you assurance, your investment can't never be lost if only you hodl for long , you don't have to sell doing dip no matter the price of the dip,I stead see the opportunity as an advantage to buy more and keep.

I also hope so, because previously when bitcoin was at the $60k level I didn't buy more, so I regret a little bit about that time, maybe if I was more aggressive in buying yesterday it would have felt much better when it reached $80k.
Right now maybe some people are buying because $70k is difficult to break, or the negative trend has not been too hard to cause market panic, but it seems like a very good decision now is to buy when the price goes down, every support that is touched we should keep our DCA net there.

Bitcoin dropped to $61k and is currently trading around $63k, I hope you will not miss this opportunity again.

Although there is still a possibility that Bitcoin will continue to fall below $60k and create new low. But as I said before, it is not wise to wait since nothing is certain. Instead, cast aside your fear and greed and buy a portion at this price level.


If we truly believe in Bitcoin and aim for greater profit in the future, we should not overlook opportunities like this.

Those who believe in Bitcoin and who have a real long-term mindset, have all tried to use this opportunity of Bitcoin to increase their portfolio as much as possible and have bought as much as they can. But at this time, there are many who are afraid and have even sold out of fear, there is nothing to say about them, they basically do not understand Bitcoin now, they have no idea about the future of Bitcoin. After each dumping, Bitcoin pumps much more than before, and I think this is going to happen very soon, Bitcoin can pump a good one after some time.

[fuguebtc]

Those who believe in Bitcoin and who have a real long-term mindset, have all tried to use this opportunity of Bitcoin to increase their portfolio as much as possible and have bought as much as they can. But at this time, there are many who are afraid and have even sold out of fear, there is nothing to say about them, they basically do not understand Bitcoin now, they have no idea about the future of Bitcoin. After each dumping, Bitcoin pumps much more than before, and I think this is going to happen very soon, Bitcoin can pump a good one after some time.

I do not know when Bitcoin will rise again. But I am confident that the bear market will eventually end, and Bitcoin's recovery, continued growth, and new ATH are inevitable

So, if someone is afraid and wants to sell, let them do it. But for those who still believe in Bitcoin's longterm potential, this is not the time to miss the opportunity.


3 month ago, I disagreed with the OP's assessment because I believed in the 4-year cycle. But at this point, I believe the opportunity to buy Bitcoin below $70k is closing, and those who do not take advantage of it will regret it.

[xzone]

Those who believe in Bitcoin and who have a real long-term mindset, have all tried to use this opportunity of Bitcoin to increase their portfolio as much as possible and have bought as much as they can. But at this time, there are many who are afraid and have even sold out of fear, there is nothing to say about them, they basically do not understand Bitcoin now, they have no idea about the future of Bitcoin. After each dumping, Bitcoin pumps much more than before, and I think this is going to happen very soon, Bitcoin can pump a good one after some time.

I do not know when Bitcoin will rise again. But I am confident that the bear market will eventually end, and Bitcoin's recovery, continued growth, and new ATH are inevitable

So, if someone is afraid and wants to sell, let them do it. But for those who still believe in Bitcoin's longterm potential, this is not the time to miss the opportunity.


3 month ago, I disagreed with the OP's assessment because I believed in the 4-year cycle. But at this point, I believe the opportunity to buy Bitcoin below $70k is closing, and those who do not take advantage of it will regret it.

Looking at the long term, where we are now truly presents a great buying opportunity. Those who don't buy or sell now will likely regret it in six months or a year. Perhaps even three or four years from now, they'll experience even greater regrets. We can never know for sure, but what we do know is that investing in Bitcoin has always been very profitable in the long term.
There's no one here who doesn't believe in or trust Bitcoin; there are just people who think the price will fall in the short term

[Taskford]

Those who believe in Bitcoin and who have a real long-term mindset, have all tried to use this opportunity of Bitcoin to increase their portfolio as much as possible and have bought as much as they can. But at this time, there are many who are afraid and have even sold out of fear, there is nothing to say about them, they basically do not understand Bitcoin now, they have no idea about the future of Bitcoin. After each dumping, Bitcoin pumps much more than before, and I think this is going to happen very soon, Bitcoin can pump a good one after some time.

I do not know when Bitcoin will rise again. But I am confident that the bear market will eventually end, and Bitcoin's recovery, continued growth, and new ATH are inevitable

So, if someone is afraid and wants to sell, let them do it. But for those who still believe in Bitcoin's longterm potential, this is not the time to miss the opportunity.


3 month ago, I disagreed with the OP's assessment because I believed in the 4-year cycle. But at this point, I believe the opportunity to buy Bitcoin below $70k is closing, and those who do not take advantage of it will regret it.

Looking at the long term, where we are now truly presents a great buying opportunity. Those who don't buy or sell now will likely regret it in six months or a year. Perhaps even three or four years from now, they'll experience even greater regrets. We can never know for sure, but what we do know is that investing in Bitcoin has always been very profitable in the long term.
There's no one here who doesn't believe in or trust Bitcoin; there are just people who think the price will fall in the short term

What happening now on Bitcoin will became another regret for those people didn't take any action while Bitcoin is at current price level.

Before they keep saying buy at the dip or they wait for that situation to come before accumulating. Then that dip came and now they are doubting because they got afraid to see that market is struggling to go up. Those are classic example on which people didn't really have huge trust on Bitcoin. This is why those people believe on Bitcoin get their rewards, then those who keep saying buy at the dip then get scared usually will not gain anything once Bitcoin will start to have bullish runs.

[puloweh555]

I do not know when Bitcoin will rise again. But I am confident that the bear market will eventually end, and Bitcoin's recovery, continued growth, and new ATH are inevitable

So, if someone is afraid and wants to sell, let them do it. But for those who still believe in Bitcoin's longterm potential, this is not the time to miss the opportunity.


3 month ago, I disagreed with the OP's assessment because I believed in the 4-year cycle. But at this point, I believe the opportunity to buy Bitcoin below $70k is closing, and those who do not take advantage of it will regret it.

Looking at the long term, where we are now truly presents a great buying opportunity. Those who don't buy or sell now will likely regret it in six months or a year. Perhaps even three or four years from now, they'll experience even greater regrets. We can never know for sure, but what we do know is that investing in Bitcoin has always been very profitable in the long term.
There's no one here who doesn't believe in or trust Bitcoin; there are just people who think the price will fall in the short term

If the goal is long term now is the right time to buy Bitcoin because we are in the same cycle as before, where when Bitcoin reaches its ATH, the price will drop to its lowest point. We may already be at that point, or are currently at that point. For me a Bitcoin price below $70,000 is the ideal price to increase buying.

The bottom line is that Bitcoin could fall, move sideways and test our mental fortitude. But remember panic is not a strategy. The ones who survive in the market aren't those who enter the market most frequently, but those who are most disciplined when the market starts to decline by consistently capitalizing on opportunities.

[summonerrk]

There's another positive signal for growth:
According to analytics, the Bitcoin supply on major cryptocurrency exchanges has fallen to its lowest level since 2020. As of today, the Bitcoin Exchange Flux Balance (an on-chain metric tracking the cumulative change in the total BTC supply on major exchanges) was approximately 2.5 million BTC, the lowest since 2020. Over the past 12 months, this balance has declined from three million BTC, indicating a withdrawal of approximately 440,000 BTC from exchange wallets.
Such a decrease in supply on exchanges typically indicates either accumulation by investors for long-term storage (with withdrawal to private addresses) or structured transfers into instruments such as ETFs.

[pawel7777]

Things were too good to be true in recent days, and today we have a harsh return to reality.
Just like the stock markets, Bitcoin and crypto suffered a pullback. Even SpaceX closed with nearly 5% loss after three 'green' sessions in a row since its debut.

On a positive note, Michael Saylor's Strategy is back with big buying (after a surprise sale of 32 bitcoins at the beginning of the month) as they've added another 1,587 bitcoins (worth around $100 millio) to their stash, which now stands at 846,842. But that was like two days ago, so it's old news with no impact on today's price.

[Akbarkoe]

Things were too good to be true in recent days, and today we have a harsh return to reality.
Just like the stock markets, Bitcoin and crypto suffered a pullback. Even SpaceX closed with nearly 5% loss after three 'green' sessions in a row since its debut.

On a positive note, Michael Saylor's Strategy is back with big buying (after a surprise sale of 32 bitcoins at the beginning of the month) as they've added another 1,587 bitcoins (worth around $100 millio) to their stash, which now stands at 846,842. But that was like two days ago, so it's old news with no impact on today's price.

Daily fluctuations are very high and we must be used to this situation, sometimes green sometimes red has become a natural friend for us, so there is no need to worry about it in my opinion.
What I am very curious about is the monthly movement and where we will stand, whether we will stay at $60k or we will fall deeper than this strong support price, some people may be very confident about the $60k price so many people buy at this price, and that is the reason why we will be very strong now.
Saylor's purchase is a positive sentiment, his target of 1 million bitcoins may be achieved, in addition to the effects of the US Iran war which is in a truce this gives a breath of fresh air to the economy, but from the positive sentiment a few days ago, we cannot deny that we are in a bear market, anything can happen in the short term.

[okorieemmanuel]

There's an interesting observation about the days of corrections following Halvings: Today, Bitcoin will enter its longest correction of the new cycle, surpassing the 237-day correction that occurred in 2024.
As the chart shows, this is still far from the corrections that occurred during recent bear markets, that is, from the time elapsed before reaching a new all-time high: in 2015, it was 1,180 days, in 2019, it was 1,094 days, and in 2023, it was almost 850. It's also clear that over time, ATHs have been reached more quickly after bear markets.

So what are you insinuating? Are we suppose to embrace ourselves for the worst case scenario due to last results? This is just a guide for possible outcome. During those years on your chart, there was no IRAN FULL SCALE CONFLICT. Everything can change dramatically. BITCOIN PRICE IS DYNAMIC NOW

[Ishicryptic]

There's another positive signal for growth:
According to analytics, the Bitcoin supply on major cryptocurrency exchanges has fallen to its lowest level since 2020. As of today, the Bitcoin Exchange Flux Balance (an on-chain metric tracking the cumulative change in the total BTC supply on major exchanges) was approximately 2.5 million BTC, the lowest since 2020. Over the past 12 months, this balance has declined from three million BTC, indicating a withdrawal of approximately 440,000 BTC from exchange wallets.
Such a decrease in supply on exchanges typically indicates either accumulation by investors for long-term storage (with withdrawal to private addresses) or structured transfers into instruments such as ETFs.

The analysis should be a good news for investors who are looking to see Bitcoin being bullish on the short term and possibly extend to bull run because cumulative scarcity is all that is needed to achieve a bull run. Although most sentiments that we are observing now cannot be used to make up our minds about where Bitcoin is headed for now, it can turn against your predictions very fast before you know what is happening. What I'm sure about where we are now is that it is still bear run and we have to wait to see where the market would be headed beyond the short term.

[Pi-network314159]

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.   

At least this new Bitcoin price has  proven to him that no Bitcoin price is permanent. There is no point we can say Bitcoin may not fall below it. We can be certain of the level Bitcoin will never fall to. Bitcoin may even fall to $15k and there is nothing anyone can do about it. I can remember when Bitcoin ATH was $69k we expected to see it go higher, we speculated that it may never go below $30k of $25k but surprisingly Bitcoin even fell to $15k below around 2023 or so, before it rise again and surpass the Old ATH and creat the new one. Now after Bitcoin hit $126k ATH m, we expected that it will not come close to $80k anymore but this bear season it has dipped to even $60k which means it has fallen by %50 from its ATH and no one knows if it will go down below this $60 ballpark. He was talking about $70 now what will he say as he last price now Bitcoin is currently trading around $64k?

[STT]

Bitcoin dropped to $61k and is currently trading around $63k, I hope you will not miss this opportunity again.

Although there is still a possibility that Bitcoin will continue to fall below $60k and create new low. But as I said before, it is not wise to wait since nothing is certain. Instead, cast aside your fear and greed and buy a portion at this price level.


If we truly believe in Bitcoin and aim for greater profit in the future, we should not overlook opportunities like this.

I agree it is an opportunity but not every opportunity in life is one we have the luxury to take.  We have to also pace ourselves now in order to be able to buy in months ahead and it is possible BTC is a lower price.   The incredibly disruptive process that makes predicting BTC so hard is the Dollar itself is so variable, the value is all over the place quite often but right this moment its showing strength.

  My personal judgement is the dollar high we're seeing is speculative not solid especially, I think (later) dollar does the same as every year and devalues again.   The main news to muddy the water is not the war not even that oil transportation being suspended for 4 months and both are big troubles.  The largest move on the horizon is the alteration to the Federal reserve which doesn't happen too often so its a big splash making some waves, USD goes up as we anticipate a possibly harder policy and higher rates this year ?
   In this context price can be secondary almost, strength under fire counts for alot and price is relative imo as it can be inaccurate.