Maybe it will dump, but we don't know how deep the price will be a dump. That will be the best chance for us to buy more bitcoin, and I am sure that people will use that time. I am curious how much the price will be if the dump is coming, but I don't expect to see the price to go down below than $8k.
This current market momentum rely on the whales decision and this make it difficult for us to know what will be the bottom price if the Bitcoin market experience another dump in price but i expect the price to resist dump when it reachs $8500-8900. However, i think we shouldnt be talking about that now since the market is currently bullish.
In meantime, theres chance that the halving effect will happen anytime soon.
Be careful because the bitcoin market now has been down again, lower than yesterday. I hope that the bitcoin market will not go down rather than the price now, and the next days will be a time for the bitcoin market to back increase. Maybe right now, the market is currently bullish, but the fact is the market is at a downtrend, so we need to be careful.
I understand the current momentum of the market require consciousness but i completely believe the market will experience dump in price till it working days though I'm not pretty sure what the bottom price will be and the momentum the market will choose when it Monday.
According to whakesalert, some huge stablecoins are moved to exchange site probably to accumulate some BTC it tomorrow or Monday.