Post
Topic
Board Beginners & Help
Re: Fear Due to Price Drop
by
Mpamaegbu
on 05/04/2025, 03:38:04 UTC
And if the price of bitcoin really declines, then those who sold BTC at a higher price will have a good opportunity to buy more of it for the same money.
That's if they don't chicken out from fear. Only those who truly believe buying the dip isn't catching a falling knife would go back to the market at a period of uncertainty, just like what we've now. I've listened to people say bull season has ended and there are pointers to that if we position what's happening with favourable fundamentals and how ironically it hasn't reflected in upward movement if price, we may be swayed by that position and say they're right.

I can't blame anyone who sees it that way as there's so much confusion in the market, owing to how price has continued to remain in a
range for this long. However, on my part I believe Bitcoin isn't done with upward movement. Until Bitcoin hits around $200k, I will remain adamant to accept that bull run is over for this circle.