The Dip is Deep

[tvplus006]

It was certain that nobody knew where the dip was heading to, but it didn't break the 30k region because it got a strong support at the 30k region and prices started retracing upwards after getting close to 30k, well bitcoin has been trying to push its prices upwards but got a strong resistance at 40k region. All we need is just time and patience prices will touch the sky because the bull run season hasn't ended yet.

It is too early to say that the correction is over. At any time, the price of bitcoin can once again go to support at the level of $30 thousand. And if this reduction is not redeemed, the price can continue to decline to 26 thousand.

[Freemind]

It is too early to say that the correction is over. At any time, the price of bitcoin can once again go to support at the level of $30 thousand. And if this reduction is not redeemed, the price can continue to decline to 26 thousand.

You are right, but now it remains above $35,000, although it continues to fall, I think it would be difficult to go below $30,000, at that amount there is quite a strong resistance, so hopefully it doesn't hit that price or else you'd be in trouble if it doesn't hold up. Let's see how the weekend goes and on Monday we will have more data and another perspective.

[Malam90]

Last couple of weeks, crypto market is experiencing a heavy DIP. That means DIP is becoming Deeper gradually. If 10% increases, double to decrease. Almost 60% capital of my portfolio vanished. It was wise to hold few of my balance to stablecoins but before my preparation, market sank under water after ELON MUSK rejected of BTC and China mining Ban rumor. BTW, we have to be cautions from now when market touches peak point.