Quote from: laijsica on Today at 04:57:38 AM

Quote from: BABY SHOES on February 03, 2025, 08:21:07 PM

Quote from: laijsica on February 03, 2025, 07:06:49 AM

More buying opportunities should be taken due to the impact of Bitcoin dips.

Bitcoin bounced back after the news above with the executive policy, it's crazy it didn't take long for bitcoin to get back to the $100K+ area and I thought this drop would last for a few days but it didn't...

Honestly on that decline I didn't buy on that occasion because I thought it would fall below $90K but the correction didn't go there, so I'm a little sorry too for just monitoring the market without taking action to buy.

I think the decline could have been longer. In the meantime, the decision to impose additional tariffs on Mexican and Canadian goods has been postponed for a month. The tariffs imposed on China will continue. In retaliation, China has also announced additional tariffs on US goods, so there is a risk of a trade war in the world, which could lead to increased inflation.

Due to the volatility of Bitcoin price, it is not possible for many investors to predict in advance but I am saving regularly because I think that even if it falls, it will recover.
Considering that Trump executive order may cause major changes in the US financial sector in the current or next few months, we should focus on the market situation at all times so as not to miss the best event for Bitcoin, buying dips.

It's very hard how long it will be, others might think that it could just be a week or a couple of days, but maybe we will see it like a full month although I was under the impression that this month will be a bullish one to all of us.

In any case, it just shows that this kind of news, specially coming from the US will have a big impact on the market. As the US is one of the superpower and as much as we don't want to believed that they have that kind of influence, they have to say the least.

So let's see, the price is wildly swinging, it goes up as high as $102k almost and then fell below 6 digits again.