Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
DaNNy001
on 02/10/2023, 19:25:36 UTC
Nobody knows if the price of bitcoin will go fown again. It may or may not as it is hard to predict bitcoin price movement.
Yeah is actually difficult to predict Bitcoin price movement, but if you watch closely for some months now Bitcoin price movement has been ranging on a consolidation pattern such as moving within some price levels without an actual direction weather it will move uptrend or downtrend and also considering how far the year has gone which is the last quarter perhaps there could be a chance of Bitcoin price to remain within this zone till the halving take place next year and perhaps if Bitcoin was to dip more and more it would have done it months ago, for me I think Bitcoin is giving everyone the buy signal to start accumulating immediately and not to wait or expect more dip before accumulating, however the Bitcoin tends to spikes up massively after halving so let's get in and start accumulating before is late.
Yeah the price has been dormant abit interms of movement, not going up or down and like you said it maybe because the halving is close by so that's why the price is stagnant. Many people out don't actually know this logic that's follows the price spike after the halving because I have a friend who actually feels the price movement will follow up by the end of this year and then expecting a bull next year and I have been trying to clear him about this notion of his but as nothing is sure in the price prediction I thought I would jus leave him to speculate ad his likes because bitcoin market is all base on speculation although past history have proven this logic about the price movement always after the halving.