For those of you out there who are planning on buying more coins
like me when the market dips, have you guys set a target price where
you will buy?
The price has not yet reached what is ideally the price I would want to
buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?
From the look of it, it's dipping a little bit because after dropping to $60k earlier, it went back to around $68k but then it went back to $63k recently and is now at around $65.5k or something. So it's a bit confusing but it does look like it is dipping currently.
No one in the market can tell you if it will drop to $50k or below that range because the halving event is almost here and the market generally starts recovering after that point, but this time around, the cyclic movements are a bit different than previous times, so anything can happen.