Post
Topic
Board Speculation
Re: Is it time to buy the dip in Bitcoin as it drops to $64,000?
by
davis196
on 23/06/2024, 11:18:12 UTC
Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.

The summer price drop is coming. That's for sure.
I would wait until July or August. Maybe the Bitcoin price might drop below sixty thousand dollars then. The traders/investors are going on vacation so there's less demand for BTC and less liquidity on the cryptocurrency markets. That's a pretty oversimplified view of the situation, but who cares. I'm still HODLing and waiting for the big bull run in 2025.
Which blogger are you talking about? Why don't you post a link to his analysis? Maybe you shouldn't make your financial decisions based on the "analysis" of other people. Buying BTC is a relatively safe bet. I definitely wouldn't risk my money by buying altcoins or tokens right now.