Quote from: ajiz138 on Today at 11:55:50 AM

Quote from: Inspiron14 on May 01, 2023, 12:29:35 PM

this is a DIP for crypto currency prices,
it has been proven if we look at the Bitcoin chart then you will understand that Bitcoin lasts a long time not to fall from $ 15k,
and it is proven that Bitcoin can survive above it, maybe indeed $ 16k is a DIP and if you want to buy then this is the right time.

Not crypto but Bitcoin.

$16k is DIP ? That's still a long way off I think a price above that even if we have good cash flow to buy for example the current price is a good time, but waiting for a drop to $16K is still very difficult and it's unlikely we will see that price again because of bitcoin has experienced a period of considerable upswing during the early years until now.

If you can't afford DIP then do DCA for you.

No one can predict about Bitcoin bearish and bullish trend. As per the situation expecting a dip at $16k is not the right decision at the moment.
Bitcoin has been trending bullish over the past few months with occasional price corrections. Many may be expecting a big dip in the price of Bitcoin, which I think is meaning less. Because when the market stood at $16K, some people made various negative comments for it to go to $12K or $10K. But those investors' dreams did not come true. If they want to buy bitcoin, they need to buy bitcoin with $28000 at the moment and maybe more money need to spend next week.