$30,000 is too high before the selling continues. For the past days it seems the selling resumes as soon as the price bounces back a little, to even as low as $21,000 or $22,000. This doesn't look good at all. It seems the sellers cannot anymore wait for the $25,000 or $30,000 levels to be reached before they will continue with their thing. Does this mean Bitcoin's price still has a bigger room to fall? In any case this is indeed a long term game. And I'm in.
Indeed that those short term or small time trader will take that advantage when the price reaches at least 23k -25k , they have bought at 17k level so why need to wait for that long when they can easily take their fruits in short term.
and also in this Hyping and dumping market now? opportunity knocks every 5-15% increase.