Quote from: Baofeng on Today at 02:17:22 AM

Quote from: Hypnosis00 on June 21, 2022, 11:17:02 PM

Quote from: GreatArkansas on June 21, 2022, 02:03:02 AM

Quote from: Hypnosis00 on June 20, 2022, 11:50:43 PM

That was not really a big relief though as it was just a small spike, was too far from becoming stable growing high, maybe at least.
And even though there is no such pump, I'm not still losing my hopes as I know that Bitcoin will recover somehow at the right moment (someday).
(.....)

After we dropped below $20,000 before, my significant support level is now the $15,000 level which is really ugly and worst. If you observed, Bitcoin easily falls below $17,000 after it drops to $20,000 so the same case is $15,000 if ever we will go back again to $17,000.

Overall, I don't want to happen it anymore, for me, the recent dump is already good for me as pullback from the huge run last year.

Nobody wants that to happen again, (might) everyone is hoping for recovery. The price of Bitcoin is moving back a little bit high surpassing $20k for at least 2 days ( and counting). But this is not enough to give confidence as to observe that every weekend the market dump back again. But let's see what gonna happen this weekend, we see there is a growth indication in accumulation which could affect the trend of the market and possibly more price increases.

Usually weekends, the market is slow, volume is low so I don't think there will be movement that we might see the price going down again. We are hovering on the $20k level, and as high as $21,700 yesterday so we might have seen the lowest low at $17k'ish but we shall see. Still good time to buy and no need to wait to like $15k. A good advise is to do DCA'ing.

To go up to $21k again maybe in the near future it will return to that price but with the current price still in the middle of $20k it means that there is a possibility that it will go down to $18k again and to reach $15k it won't be possible again in my range .