Post
Topic
Board Speculation
Re: Is Bitcoin price drops is a buying opportunity?
by
milewilda
on 21/05/2020, 23:45:23 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

Its currently priced at 9077 usd in preev.com as I have tried to check it out.We cant say if this would be a good spot to buy on yet we wouldn't know if this one would go even down further and this is the hard part here on crypto where you would really have always that kind of anxiety when you do tend to position up yourself specially if you do active/day trading then this one would really matter on risk management.If you do saw that this is a support level then its your call if you do tend to risk,if you do just go long term for bitcoin then these kind of situations wont really be that much a concern.