Apparently, the sideways market broke down not out. Are we in a "now what" situation? Or do you think this is as far down as it goes? Even the week chart looks bad for BTC. Any suggestions what to do?
I believe by now, you should see that everything have turned for bitcoin, though not very much but bitcoin market right now is in a much better position than it were some few days back.
Know it that every dip is a buying opportunity, it is important to understand that bitcoin price can't just keep going up, there will always be down times and this time is the best time to buy.
Though I don't really pay attention to all this so called experts predictions, but then, many of them still believe that bitcoin will end the year 2022 with a price of over $100,000, I don't know how possible this is but one thing I do know is that, every dip in bitcoin's price is a buying opportunity, for it will always go back up.
We really don't need to listen to these self-proclaimed experts because they are also human.
And they are just trying to make their own speculations based on what is happening around the market.
If you are a long-time user or holder, just follow your instincts because it is your money at stake.
They can predict high prices of btc, but ask yourself, what is the rate that it will become reality?
Be realistic with goals, so you won't be disappointed later on. Just be gentle on yourself.
Im never a fan on following someone when it comes on making out investment or decisions in towards crypto by those so called experts and same as you said that they are just the same as ours which is mere
speculators too because market is unpredictable and there's no way that someone could really be having that knowledge or talking about speculations which are precise.
The market we do have now is again doing sideways movements which it is really hard to take some guess on where it would be heading next.Its really hard when it doesnt make
much movement not just like into those normal days but we know that instances or situations like this are normal.