Post
Topic
Board Trading Discussion
Re: Are we going to recover or continue to dump?
by
LUCKMCFLY
on 08/08/2022, 22:11:59 UTC
It's been almost a month after you created this thread and you can see the level of progress in the price index already. Although, we often believe in a long winter as per bearish market, it never really gets to stay very long to be clear. I think what we experience is more of some serious fall in price that creates the dip, followed by a little pump that drives the market into a consolidation market and then you have price play around that session with series of pump and dump until it moves into a full fleshed bull market.

The market can't continue to dump, it would bump as more users continues to seek a buying opportunity in a bear market and that's clearly the case as we have it now with bull, gaining strength to push price back.
Well, in fact, the price is taking a good path, it is recovering, but conclusions cannot yet be drawn because it could be a bearish trap and that would be something very bad, but I would take advantage of those who can buy to do so without a problem, but with great caution, those who buy in the dip are more likely to earn more, some believe that the price will reach up to $8k and although it is a price that can happen, I think it will not happen yet, Elon Musk can sell all his BTC That is something that is expected of him, but I am sure that many whales will take advantage of buying BTC as cheaply as possible, and this is where the most intelligent come in to buy BTC.