Everytime Bitcoin price drops, there is always buying up for the price to reach a new high.
Everyone might be used to this pattern by buying the dips at every new high lows form without minding the risk with the hope of always bouncing back.
Its because investors are looking for a perfect time to enter the market that is why after a correction, a rise up will happen. It is only a matter of bulls and bears. If bulls are stronger, price of Bitcoin goes up and vice versa. However, there are times that the bears are controlling the market most of the time like what happened in 2018 where the price of Bitcoin goes down very hard.Everyone might be used to this pattern by buying the dips at every new high lows form without minding the risk with the hope of always bouncing back.
Let's remember BTC has a mind of its own.
Mind of its own?? Elaborate this statement you've made.As far as I know, the market is being controlled by investors so if the investors will sell the price will go down and vice versa. Bitcoin isn't a robot that it can move on its own lols. Quite funny but.... Bitcoin doesn't have its own mind. It is just a coin and that's it
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