Post
Topic
Board Speculation
Re: Best time for me to buy
by
alisonwonder
on 03/06/2022, 11:58:54 UTC
When the price drops below $30k there is a large volume of transactions so that the price slowly rises, as happened yesterday when the price dropped from $31k to $29k and now the price is around $30k, this proves that the community is waiting for the bitcoin price to drop so that it can buy more.
It is not recommended to follow yesterday movement pattern because the market is moving in resistance for a temporary recovery, we have seen the current price crash very easily without a fast recovery pattern like the previous movement. Most likely Bitcoin price will drop below $27k, if there is no high recovery support and no wall to defend in the $29k area.