Post
Topic
Board Speculation
Re: Bitcoin is going down.
by
yudi09
on 15/05/2023, 12:04:18 UTC
So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin.
And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.
Acceptable advice is trying to earn a lot of money to buy and collect Bitcoins before the price goes back up.
Generally, buying when prices are low will always be a good initiative because we cannot fully say how long a decline will occur.

Two weeks have passed in May and it's not as good as April in terms of selling price per 1 Bitcoin and for 2 weeks in May this is a good option for those who buy.
There is an estimate that a decline will occur until it reaches 25K before experiencing a price increase again to 30K as a support price.