Post
Topic
Board Economics
Re: Our Dear Bitcoin and its price movement.
by
Princejebs
on 21/09/2021, 19:24:21 UTC
What have you noticed lately about the price fluctuation of our dear bitcoin?
Something tells me it is a good time to buy, preferably *stock it* depending
on the trading style you choose, as there has been an impromptu decline in
the rate and monetary value.
Though I'm optimistic that a reversal, upward trend awaits the bitcoin price
and I see it going to a 52-55k upward trend when this happens.
Let's see what it has to offer us in its next movement.

I think it's good to buy the dip but you know how the market behaves sometimes, you will think you have bought the dip and when you later check, it will dip more due to pressure from sellers.
If you are familiar with Eliot wave analytical trading strategy, you will notice that this is market Eliot wave 3 which usually comes the last, that's why I think many are selling their bags and also die to China megabank bankruptcy.
It's good to buy but don't forget to apply caution bot to get trap.