Quote from: Luzin on April 27, 2022, 03:08:46 PM

Quote from: evilgreed on April 27, 2022, 01:48:02 PM

There are a lot of things going on with the world right now which could be the main reasons as to why bitcoin has been on the decline for a long time now. What's keeping my hopes up though is that there aren't massive crashes that reaches as low as the 33k area yet. And so I am hoping that the next drop will not go as low as 36k. My buy orders are at 37500 but sadly, wasn't triggered. A drop is still coming though, so I'll just have to adjust depending on how btc moves by then. Wishing it bounces up after a short dip.

I had a look at the Chart in Binance, Today the lowest price reached $37,700. I think it's strong support, if later it's destroyed then I think there's some price support in the $36k,$34k and $32k area. And furthermore, if it is destroyed then the words of the former Bitmex Chief Executive will become a reality bitcoin will reach a price of $ 30k in June. It seems that this is not in line with the new news of the purchase of 1.1k BTC by etf canada. Maybe if you have the remaining funds collecting BTC step by step at a low price, gradually is a good idea.

Sadly, the thing I was afraid of really happened and even worse than I primarily expected. Good thing I was able to cut losses early and was able to get back what I lost and more by shorting. Just feel a but dissatisfied since I took profits too early at 26k. But yeah, profit is profit. At least though, I was able to stack up more on spot and was also able to buy the alts that I missed out on when the sudden bullrun happened. I wish we go up from here now at least till 41k.