Quote from: martinex on Today at 02:37:52 AM

Quote from: JayJuanGee on Today at 12:33:52 AM

You seem to be misusing language here. A correction does not necessarily mean that the BTC price is transitioned into a "bearish" posture.

I otherwise agree with your point that this seems to be a kind of signature "buy the dip" moment.. .. even if you had alreadfy been buying all the way down from $28k-ish from yesterday... but yeah some folks do have a tendency to wait for BIGGER dips, and I am not going to proclaim to know when it will stop.. and perhaps that's why I have my systems already set up in which I had already been buying since right around $30k... in $500 increments.. and if we were to end up getting down to $22k-ish (that I don't want to happen).. then I might have to reconsider whether my already outstanding buy orders between $13k and $20k (that I also don't want to execute) are still adequately placed.

I think BTC is going to be fine Sir, Yes, the day's BTC dips down to a price of $25,166 and this still normal. My mind says, today's crypto market may be gearing up for a new growth phase and today's events may be similar to Current BTC Price Cycle Similar 2015 – 2017.

We are indeed preparing for the growth phase and indeed it is a recommendation for a phased buying moment or DCA at prices like this, everyone has a will at what price they need, even if they regret not waiting longer because of a bigger drop of a few hours or a few days afterwards.
There has always been a similarity in price movements in bitcoin in its cycle, including what you said in 2015-2017, but if you want to look more closely at prices that are more similar to what is on the bitcoin chart in 2019, you can see clearly that the bitcoin chart formation is more similar, because at that time bitcoin was during a prolonged sideway and had no direction bitcoin was declining again, if the 2019 movement occurs again, most likely we will experience a continue decline, the $22k level is the target.

But we have to realize that each cycle has its own story, even though the movements can be said to be similar.
For now I think it's better to split your monthly DCA funds in anticipation of regretting the continued decline in order to get the Dip price in this month.