The Question now is:
What is you bitcoin market price expectations for this month of August most especially in the first half of the month of August?
Do you think that we will see a $70k BTC price or we likely going to see a decline in the price in the short term basis?
In fact, I haven't really followed Bitcoin price movements since the end of July, only checked occasionally and it was quite surprising to see the price go below $55,000. Panic certainly created, but is that a good opportunity to buy? I think it depends entirely on their financial ability and knowledge about Bitcoin, believers and having a lot of money is an opportunity but there is also definitely the opposite. Now it's the end of August, $70,000 doesn't seem to have happened yet so my speculation is that it will only happen next month and the price will only be around like today in this month and next month maybe something better will happen to Bitcoin
If you are a long term holder then this would really be mostly happens on which you wont really be that not that updated all the time on which on the time or moment that you do find yourself having those
kind of investment plans but actually you are really that missing out those golden opportunities to buy more when the market had made out some dip or correction. Yes, the price had gone below 50k on that last drop
but it didnt go below that much on which there are really those sayings that it would be go even to $42k but it didnt happen. Now we are making some sideways movement after that drop
on which this is actually the hard time on making up your positioning considering that price movement is really that showing having no clues in terms of TA on where it would possibly go.
Therefore, trading experience and skills will really be that relevant everytime that you would really be making positions.