I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.
I think this is your main concern but still, a good thread though about it because it's timely. Those that forget to take advantage of this time.You have to get into the market while it's down because it won't take long until it recovers. I'm not expecting a quick skyrocket but recovery won't be that long.
I hope it dips again so I could buy more, and as you may wanna know I am still trading btc and eth for this event as well.I purchased Bitcoin at a low point around 58k and am now waiting for it to break through 61k, at which point I expect a rally up to 65-66k, based on my technical analysis. While it's always a good time to buy BTC, I anticipate a brief pullback or liquidity grab around 50k before a sustained move upward. In the meantime, participating in passive events can be a viable approach. Is this the event?
https://i.ibb.co/R29nBH8/IMG-20240501-WA0003.jpg
Yeah, this is the event I was mentioning earlier. I felt like it's an opportunity, along with the Bitcoin and ETH dips. Not to mention, you earn BGB for it. But yeah, I don't know if BTC can reach 50K again since that might take a long time in my opinion. However, if the news we're getting is really bad, I think we'll get there and can take advantage of the opportunity. It doesn't matter how low it goes – a dip is a dip.https://i.ibb.co/R29nBH8/IMG-20240501-WA0003.jpg
