Quote from: Jating on Today at 08:10:15 PM

Quote from: Natsuu on Today at 07:01:39 PM

Well we are coming in into a new quarter of the year and price may get into a new correction but I hope it wasn't that deep to hurt many investor and put their position to sell because they get caught up of their fear. If so, this will also cause to more decisive candle lower. Even BTC may have a dip, I will only perceive it as a short term price action and remain bullish in long term perspective. Halving is coming in and there would be more changes. Until that happen, I believe any dip would be a better way to position yourself to another buying opportunity.

Nope, there is no correction, on the contrary, the price is moving to $72k, maybe there was excitement as we are fast approaching block halving and so investors are pouring their money before that event event.

Who knows, maybe we will reach another all time high pre-halving. But for those who are looking long term, not minding the incoming bull run, still a good time to accumulate. So I wouldn't be surprised if we maintain this price, above $70k before the halving and not seeing any dip as the sentiments are greedy or very positive for a incoming bull run.

There is always the possibility of a correction on the day Bitcoin halving occurs, so you should not ignore this possibility for whatever reason. I understand that many people expect the price of bitcoin to hit a new ATH before the halving (whatever that may be), but they should also not forget that a halving event can also trigger a correction regardless of how deep the drop is.

You are certainly right that today we have seen the price of bitcoin again above $72k, but this is not a definite reason why the price should rise higher before the halving. Just have a reserve plan to minimize the possibility of losses if a correction occurs, including DCA, buying dips and accumulation.