Post
Topic
Board Bitcoin Discussion
Re: What does the current downtrend mean for Crypto?
by
Playbuddy
on 06/02/2025, 00:25:46 UTC
I'm sure that by now everyone must have seen the state of the market, and how a lot of projects are in the red, BTC included. Question now is if this is just a pull back in attempt to go on another upward trend or if we are just about to enter a bearish trend.

Yea, it's another pull back and it is a norm in bitcoin price movement because it's a volatile asset. We are still in the bull run and I am hoping to see a price above $120k as the peak price in this circle. However, this is an opportunity for you to buy more Bitcoin if you have the funds available. Don't panic but hodli with happiness.
How do you know when it's a pull back and when it's just the beginning of downtrend that would last for a while?