Setting a limit order to buy at a specific price is a smart idea!
But don't get too hung up on the exact price. It's best to buy in at regular intervals...some will be higher and others will be lower but you'll be averaging that cost. We've seen at keast 12 major corrections this year. Each has been followed by a quick bounce of support and then the momentum building to set a new high.
We've seen the support biunce fir this correction; i'm not sure we'll see momentum buiod toward a new high because it's the end of the year.
So are you saying a support bounce generally signifies the end of a btc correction?
Not necessarily. Sure, a support bounce has been a sign of a traceback in the past, but it doesn't mean that it will happen again and again.
Personally I think 10,000 is a good price to set it. But I would set it slightly higher juuuust to be sure. And yea, the dip
might not be over. This is probably just a bulltrap.