OK, the DIP is coming and it's NOW the time for YOU to PAY ATTENTION. For those who employ a DCA strategy, it's probably a good decision to start making your purchases bigger. For those who employ a Buy the DIP strategy, start placing your bids NOW. Currently, the 200-Weekly Simple Moving Average is at $34,200. Will it touch that line again? Probably not, but near that line has always been a good buying opportunity.
¯\_(ツ)_/¯
Bitcoin bounced back to $56500 today creating a substantial opportunity for Bitcoin investors. As Bitcoin broke the $60,000 line and dropped to the $56,000 line, Bitcoin may fall to $50,000, making it a good time to invest for Bitcoin investors. For those who invest using the Dollar Cost Averaging (DCA) method, this is considered a dip market enough to invest in.
This was my anticipation yesterday, i was triggered to invest yesterday when the price dip to $56k because to me that was the only time I could buy the dip since btc has already hit the ATH of $75k and fall below $60k to about $56k I know because it could reach the ATH again, my stash would have increased. Btc is so important that any slighted opportunity should not be left unused otherwise the next minute it becomes something of regret.