Quote from: Toni Ross on July 08, 2022, 09:17:53 AM

If it does reach $8k, I guess the price will go down more. But it’s hard to tell.

How do you know it will drop more once the price reaches $8k? Give your reason or proof?
I even don't think Bitcoin price has a chance to reach $8k again. Its ATH is $68,789 (CMC), how can it drop to $8k? I believe BTC price will stay above $10k, but I don't know what the lowest price will be.

Quote from: Toni Ross on July 08, 2022, 09:17:53 AM

Long-term investors should sell and rebuy again, while for short-term investors it can be beneficial since bitcoin has re-bounced and reached back to its levels.

Both short-term and long-term investors will sell and rebuy. But a long-term investor probably will wait for the lowest rate to buy although some investors buy gradually in each big dump. Both get benefits from this bearish season, they have a good time buying. Anyway, I don't see a too big difference between them, it is only about how long to hold.