Post
Topic
Board Speculation
Re: Is Bitcoin price drops is a buying opportunity?
by
FIFA worldcup
on 21/05/2020, 14:36:43 UTC
Bitcoin (BTC) price abruptly dropped 4.9% from $9,800 to $9,324 after rejecting at a key resistance level again, is it a buy the dip opportunity?  Huh
I am lucky because my waiting ends last march when the market made the lowest fall even had for years and i bought Bitcoin
at 50% discount following my recent buy last december.

But today as we saw the almost 5% price drop?then all i can say is if you are longing for Holding since Halving is just happened
and the effect will be here soon then Better buy even the price is $10,000 since we knew how can Bitcoin
 grow every halving and just the effect of Virus ends/surely the rally will start .

waiting for at least 6 months to 1 year?this is not long if the interest of Profiting is our desire and also for the chance of doubling
 or triple our Investments.


Today is the first time after the halving that the bitcoin price is dropped considerably high. Bitcoin cannot just go upwards and need a healthy correction before moving at another higher level. I think bitcoin is performing very well because many people predicted that bitcoin will fall soon after halving, but it did not happen.