Post
Topic
Board Speculation
Re: Do you think this pullback would last long
by
jcojci
on 05/02/2025, 11:10:13 UTC
People will say that it's now down again to $97k. I think most people that are too reactive to the daily price of Bitcoin has something to do with day trading but I am not. Overall, it's still a good correction that we have to experience. The next time that it will recover with some good or no news at all that will make the entire market to react to is just a matter of time. It only has one way and direction to go for this bull run and that's going up. Everyone who's too stressed looking at the daily candles need to take a rest if you don't have something to do with it or you're a long term guy.
Maybe they can not think that Bitcoin will increase after this correction so they only think that the price will go down like before. That will not be a problem because we will have different analyzing and decision so we can act based on our analysis.

We should wait for a while until this correction end and make the price increase. This correction give us more chance to buy back Bitcoin at a low price so we must use this for our benefit. If they are stress seeing the price moves, they better leave the market for a while to take a rest and come back after the market situation is normal.