Post
Topic
Board Bitcoin Discussion
Re: Has anyone ever studied how Bitcoin could dramatically drop?
by
Agbe
on 23/01/2025, 16:15:47 UTC
I hope this will never happen of course, but for who have invested capitals, it may be a question someone have answered accurately to avoid an important loss.
Bitcoin is a volatile digital currency and it fluctuate at any second so the matter someone study the movement, he or she can't get the accurate information on the rising and falling price of bitcoin. And what you have to know is that, bitcoin has two seasons. Bear Market season and Bull Market Season. And we have been on the rise since November 2023 and now it is above $104+k. And we don't know what price the bear market will be and that is an another prediction on it own. If you are investing then you don't have to look for the dip or the rise but DCA is good for you. And if you are trading, use the movement of the candlesticks, line and bars to check the movement, there are other tools but o don't know your comprehensive ability so you can go with that for the start.