Post
Topic
Board Speculation
Re: The market is not good
by
btc78
on 11/08/2021, 05:02:45 UTC
The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?
so what can you say now that bitcoin after in 3 weeks not completely breaks that 32k ?

it is 45k to be specific    https://coinmarketcap.com/currencies/bitcoin/

if ever bitcoin climbs to 60k again , then all of those who talks in telegram and other social media forum will cry for believing in this bear market.

Bitcoin price drops are common in the crypto world. Bitcoin prices fluctuating more than 20% are common and this is what creates opportunities for us to buy at low prices. Then, make a profit by selling it when the price is high. So, it's best, for now, to swap bitcoins to stablecoins first and wait for the market to stabilize for buybacks.

Bitcoin dropping must be considered as purchasing time because of the discounted price right?