Bitcoin price slides 5% after failing to break $60K — Here's why

[newshunter]

Bitcoin price slides 5% after failing to break $60K — Here's why

BTC dropped below $56,000 on Sunday as several bearish signs emerged.

Source: Bitcoin price slides 5% after failing to break $60K — Here's why

Would appreciate your opinion about this

[mohdelayo]

Well isn't a normal thing in cryptospace already? That when a certain price level get tested and retested in multiple of times over some duration, the next thing is a reversal that proves the rejection from passing a particular price level. We need more volume and steam for the road to 100k.

[TomPluz]

This is the beauty of Bitcoin and for those who already understand well the pattern for the past many weeks this can be a good opportunity to really make a good amount of money investing with this digital asset. The patter is quite simple: after reaching ATH there will surely be a slide down and that can be the time to buy Bitcoin as soon this will be rising up again. Indeed, a dip can be the best time to buy some more and then you can have the option of selling at the next ATH.