Hello everyone.
As you can see, bitcoin is going down and I believe that it will keep falling.
As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.
Have a nice day and take care.
you seems to be correct mate, and yes the fall is continues from where you posted this , from almost 31k and now? it is dropping to almost 26k , so is there a 25k price to be expected.
this is how the market goes now, and all the coins is dumping at least 2 digits now specially bitocin with 10% loss just days before.
https://coinmarketcap.com/currencies/bitcoin/and yes, the growth is not sustaining its position .
Bitcoin correction is not too difficult to predict as bitcoin cannot skyrocket without a correction, and moreover, don't forget that the bear season is not over yet. So it's normal for bitcoin to decline in price.
correct is correct a part of the movement and for us to gain is for us to also risk and the problem here is that ? about us if dealing with too much pressure and that will change the system.
Bear market is also followed with Bull and in this case? we are all may experience both.
And I will disagree with OP's opinion when he said that this is not the right time to buy bitcoin. I believe when bitcoin went below $20k, he thought the same, and he probably missed the bottom of bitcoin last year too. Bitcoin is always volatile, up and down is normal, and if you are still hesitant and don't buy bitcoin now. You will regret and regret more when you try to find the bottom to buy.
every time is a right time to buy , but the problem only if how long and how much we can afford to risk.
because the longer we Keep the coins is the bigger chance to earn more.