Quote from: Salahmu on April 14, 2025, 03:18:32 PM

Quote from: coinhelper on April 13, 2025, 11:52:44 PM

I think it's likely we'll go over the $100k price again this cycle and that we'll set a new ATH.

It's just that, from a support and resistance standpoint, $70k looks like it could give us some strength to push higher if we pull back to it and even crash through to neutral ~$60k before going higher. I'm still invested because I think this'd be a flash crash scenario and I usually miss those.

Just a simple question, what if it did not have a flash crash and went dipper than flash what would you do on that case because I get the feeling that you are scared of a serious dip, though is normal for everybody but not to the extent of being too much bordered about it as if Bitcoin has lost the battle to the price. However the $70k might not be far from the places were Bitcoin will see and return up again and it has regularly become a visitation to the Bitcoin prices because I have lost count to how many times it get very close and also testing it but all was just flash.

I am not him, but I can tell you that I am not "scared" of a dip, and yet not expect one. I like dips, it means I can buy bitcoin for cheaper and that is what I hope to achieve. But that doesn't mean I am going to end up with a great return, because in most cases it doesn't drop like that, whenever it does then I am happy because I get to buy more cheaper.

But looking at the future of it right now, I can tell you that we are going to reach higher before we start to go back down. While seeing how things are moving at the moment, we are not talking about the fact that bitcoin has already risen above 80k, and that shows we are not going under 70k, and not reaching 60k for sure, because we have already started the upwards movement which should be the momentum going forward.