As new investors we expected Bitcoin to touch $100k this year but it is currently in a bit of a downward trend. Still I'm more optimistic that I can buy Bitcoin at my expected DIPS but if it continues to be bearish for longer I may regret not buying at a lower price. Waiting for more dips may give better results although chances may be last. My question is should we continue buying now given the value of Bitcoin? How fruitful is the initial target for Bitcoin holding until 2025?
The speculations going on about bitcoin crossing the $100k mark is not something that cannot be achieved within a few months. We are currently experiencing a downward trend when we are all expecting the bull run but it’s not the end of the year yet so there is no need to panic instead we have been presented with an opportunity to keep buying the dip and keep preparing for the soon to come bullish trend.
Since the bull is around the corner we should utilize this opportunity and keep buying at every dip we can buy and try not to exceed the limit you can afford.