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Quote from: sushil on February 15, 2022, 06:40:45 PM

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.

The bitcoin price is currently trading in the $41k-$42k range. It looks like the bitcoin price will not drop below $35k again. But if you want to buy at a cheap price, you better have to prepare money in advance so that when the bitcoin price drops you can buy immediately.

Bitcoin price today fell again and fluctuated at 40k. It is not certain that bitcoin price will not continue to fall, the 40k resistance is probably quite solid but could also be broken at any time then we will see 35k. I don't expect the market to drop anymore but let's always be ready for such situations and always keep usdt in our wallet so we can start shopping cheaply.

Indeed, currently the price of Bitcoin is still in a downward trend since the last few weeks where the price of bitcoin is trading at around $29k-$28k. But I see on the weekly chart, bitcoin still has the potential to increase in price, which shows the increase will be in the range of $33k-$35k.

For some time period the price movement will happen within the $30k range. After that it can get boosted to reach $33k - $35k. The market is in need of a special event to take place. Maybe something like an adoption from a growing country will bump the price of bitcoin. For now there is no such news, so we can expect the price movements taking place in a slower phase.