Crazy 48 hours

[Pandu Geddon]

The market is yet to recover from $6.3B Binance hack and now the election drama triggered the bleeding.

Time to start buying the dip or wait a little?

The market indeed delivered a surprise with the price decline happening now. This is because previously quite a number of people were optimistic that the market would continue its upward movement after last month's poor closing.
The price decrease that occurred is actually not very significant. It's just that there is concern that if there is another big news that could affect the market, a deeper decline would be unavoidable.
The current price is very reasonable for buying. Don't be afraid to buy now because there will always be opportunities to make a profit in the future.

[LogitechMouse]

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The market is yet to recover from $6.3B Binance hack and now the election drama triggered the bleeding.

Time to start buying the dip or wait a little?

If you're worrying yourself from what happened in these past few days, don't worry because you're like other newbies out there who are constantly panicking and don't know what to do in this current situation.

Start buying. Now the question is, if I said this, will you really buy? Or you will choose the other one. As for me, I'll continue to buy whatever the price of Bitcoin is. I still believe that anything below $100,000 is still a discount price especially if it's for long-term holding. Don't care too much about what's happening because these global events only have a short-term effect towards the global market. Look at the market after a couple of weeks or more. We might've already been recovered, and who knows. You might see Bitcoin at $80,000 yet again.

Go buy, and continue buying. If you're a spot holder, continue to accumulate and please, please don't stop. If you're a long-term holder, you'll thank me later that's for sure.

[BlackHatCoiner]

Bitcoin is doing tremendously, what are you talking about? It went down from $80k to $75k, and that's after the midterms manipulation and $6 billion getting hacked by one of the greatest exchanges.

Five years ago, that'd have caused a crash. To me, that means Bitcoin is heading to a new bull run, which is also consistent with the time each bear run has lasted, since 2014.

[DiMarxist]

Even before the start of the U.S midterm elections I expected a more volatile market in terms of the price. Because these types of Major events impact directly on the price of Bitcoin, and with Democrats having gained control of both House's it on natural and expected that Bitcoin price should react to this type of Major events.I know with time, the price is gradually going to recover back. At this point I we should be talking about Bitcoin hitting $100k and above from 2027.

[Chibit01]

Someone texted me with the exact Same thought but they believe there's still more dipping to come in the coming months as we might be approaching the end of the best market. Buying the dip may be a good idea at this point but I personally think this ideology only benefits long term investors.

Buying a dip is for those who have money and are prepared for it. Understanding why the market reacts the way it reacts is another different thing.

If this drop stops within $74,000 and doesn't go below $70k, then there is still a quick hope for bitcoin to bounce back before the end of the year and don't end in a bloodbath. Next year might actually be a different case, so let's focus more on how we close 2026.