Post by: newshunter on November 20, 2021, 01:02:14 AM
Bitcoin’s price fell below the $57,000 level on Nov. 18, sparking a widespread sell-off in ETH and altcoins. But traders say the current range presents an “attractive entry” for hodlers.
Source: Traders say Bitcoin’s drop to $57K is an ‘attractive entry’ for hodlers (https://cointelegraph.com/news/traders-say-bitcoin-s-drop-to-57k-is-an-attractive-entry-for-hodlers)
Would appreciate your opinion about this
Post by: TomPluz on November 20, 2021, 04:03:43 AM
As always the dip is a good opportunity to get in and with the price range that Bitcoin is into now, indeed a very attractive investment proposition is presented right before our eyes. Hope there will be some big institutional buyers to appear and use this opening or entrance as an opportunity to gain more and make some tractions with the King of Cryptos. With retail investors, there can be some who can look at this dip this way but as always most people can be afraid to take the risks thus forfeiting the possibility of the big rewards.