Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is overdue for a dump
by
betswift
on 13/01/2025, 07:09:26 UTC
One reason why I said Bitcoin is overdue for a dump is cause yearly market open just started and last year candle left so many unfilled fvg for me personally I would still like to see more dump if bitcoin price for this month probably this month cancle close we would get a proper PA of how next month is going to be, if we lose $90k then $85k should be printed on the chart
You want to see more dump, but other investors want to see more pumps so that they can sell and make some profit. The price movement of Bitcoin is unpredictable which is the reason why you should always place yourself in a position where you can take advantage of both the pump and dump. Using DCA to invest in Bitcoin gives you the advantage of managing your portfolio efficiently. For the past few days, Bitcoin has held on to a $92k support level, maybe we might experience a pump. If you are waiting for a dump, be prepared when we enter the bear season when you can buy at a discounted price.       

Real investors would understand that it would bounce back down the line in 2025 and would just buy more when the price is as low as it is, be it 90k, 80k, or as low as 73k as somebody suggested.
 Wink