Quote from: taufik123 on April 22, 2023, 11:56:29 PM

The drop this time after touching $30k is quite normal. A drop to the $27500 price area would certainly give panic to those who bought at $30k.

If you are asking whether this decline will continue or not, it also depends on the state of the market and the state of the global economy.

On May 2-3, the Fed will hold an FOMC session discussing the interest rate hike which will be predicted to rise by 25 points.
This will certainly have an impact on the crypto market.

https://www.federalreserve.gov/newsevents/2023-may.htm

We can only wait for what decisions will be taken. But I think crypto will survive and the crypto rise will still continue and the nearest target will still pass the price of $ 31k. Once that resistance is passed crypto might reach $50k in a few months.
We should prepare for it, do some management, and have some spare money to buy again if Bitcoin is forced to continue to fall.

Would you personally accumulate BTC right now or would you wait?
The thing is I don't know which actions are driving the price.
Blackrock, the world's richest investors group, has invested in BTC around the 20k level if I recall it correctly