Quote from: goaldigger on Today at 08:37:39 PM

Quote from: jinzo26 on December 17, 2023, 01:50:01 AM

Btc broke 42200 support
Now the target is 39600

What an opportunity to buy again, and there’s no reason to panic because this correction is normal.
Though some may feel bad because of buying at the peak price but that is ok because the market will rise again, what you can do to lower your cost is do DCA and make sure you are dealing with the best coin for this. If you are having a hard time looking for the good coin then you can go with Bitcoin, and wait for the peak price again.

But did we really broke $42k and goes down hard to $39k? Current price is still way above $42k so I guess the OP talk to soon as there's no correction whatsoever although the price might go down on a sideways pattern and then blow up to $45k at the end of the year.

Of course, DCA is our friend, regardless if the price will decline, we will have to used this strategy to accumulate more BTC and hold and then wait for the next all time high. So for now, let's continue to do that or at least up to where we reach the block halving.