Bitcoin Hit 73.6k Dollar

[Asiska02]

Bitcoin has recovered again to $73.6k, if you notice it was up to $73.7k in April. And the maximum dumping was 49 thousand dollars, then the maximum success can be achieved only by holding and dipping bitcoins. Has anyone done the dip?

You won’t see a lot of people buying at the dip unless few bitcoin enthusiasts that are very confident of the market rising again after being faced by a big dump in price. Dips are always time to buy and hold more bitcoins but in some cases, they happen to be accustomed with a lot of fears in the mind of the hodlers, such that they fear losing the investment in bitcoin and rush to sell instead taking that opportunity to buy more. I know the bitcoin price has not gotten to its maximum capacity yet in price, so not missing out and investing in bitcoin will not be too late by now yet again.

[Sim_card]

Bitcoin has recovered again to $73.6k, if you notice it was up to $73.7k in April. And the maximum dumping was 49 thousand dollars, then the maximum success can be achieved only by holding and dipping bitcoins. Has anyone done the dip?

You won’t see a lot of people buying at the dip unless few bitcoin enthusiasts that are very confident of the market rising again after being faced by a big dump in price. Dips are always time to buy and hold more bitcoins but in some cases, they happen to be accustomed with a lot of fears in the mind of the hodlers, such that they fear losing the investment in bitcoin and rush to sell instead taking that opportunity to buy more. I know the bitcoin price has not gotten to its maximum capacity yet in price, so not missing out and investing in bitcoin will not be too late by now yet again.

Those people that don't take advantage of the dip are scared and don't understand bitcoin price movement that it recovers after a dip. Most times happens for bitcoin price to surpass the highest price that it was. Currently, we are experiencing a dip at 73k+ price, I believe that when next bitcoin price will pump above 71k, it will break a new ATH. If you have funds, you can buy at the dip as a long-term hodler.

[Asiska02]

Those people that don't take advantage of the dip are scared and don't understand bitcoin price movement that it recovers after a dip. Most times happens for bitcoin price to surpass the highest price that it was. Currently, we are experiencing a dip at 73k+ price, I believe that when next bitcoin price will pump above 71k, it will break a new ATH. If you have funds, you can buy at the dip as a long-term hodler.

The issue is that nobody can tell when the dip is about to happen or we are already at the bottom of the dip. The bitcoin market is very unpredictable and this is something that a lot of newbie investors into the space cannot really say when they should buy at the dip. They may be waiting and thinking that the dip is yet to be reached and may miss out at buying at that price. This is where the DCA comes in and for a very few percentage of bitcoin buying, the DCA may not actually work in their favour and works more on a larger scale buying of bitcoin due to the transaction fees. It is very important to take advantage of the market as a whole when one it been presented to you at no peril.

[Rubel007]

Bitcoin has recovered again to $73.6k, if you notice it was up to $73.7k in April. And the maximum dumping was 49 thousand dollars, then the maximum success can be achieved only by holding and dipping bitcoins. Has anyone done the dip?

You won’t see a lot of people buying at the dip unless few bitcoin enthusiasts that are very confident of the market rising again after being faced by a big dump in price. Dips are always time to buy and hold more bitcoins but in some cases, they happen to be accustomed with a lot of fears in the mind of the hodlers, such that they fear losing the investment in bitcoin and rush to sell instead taking that opportunity to buy more. I know the bitcoin price has not gotten to its maximum capacity yet in price, so not missing out and investing in bitcoin will not be too late by now yet again.

If I comment on this matter considering the recent time, I must say that it will be difficult to find the dip in Bitcoin. Because the market is now preparing to turn bullish. Meanwhile, today we get Bitcoin enthusiast in the President of the United States who will definitely be supporting and promoting the space. Although he cannot directly influence the price of Bitcoin to rise or fall, his support will initiate a bullish movement in the market. If we look for the dip now, we will fail to invest. So it is best to invest in the current price as a dip as Bitcoin will be bullish and prepare to touch the expected $100k with hin few days.

[Asiska02]

If I comment on this matter considering the recent time, I must say that it will be difficult to find the dip in Bitcoin. Because the market is now preparing to turn bullish. Meanwhile, today we get Bitcoin enthusiast in the President of the United States who will definitely be supporting and promoting the space. Although he cannot directly influence the price of Bitcoin to rise or fall, his support will initiate a bullish movement in the market. If we look for the dip now, we will fail to invest. So it is best to invest in the current price as a dip as Bitcoin will be bullish and prepare to touch the expected $100k with hin few days.

Dips are not exact and we can’t tell when is the dip at any moment in time when we want to buy. The recent surge in the price of bitcoin has raised a lot of concern for those waiting for the dip before they buy. As many predicted, after the election and Trump prevails, there will be a surge in the market price but many never thought it could be this big and when it happens, they’re not regretting why they didn’t buy just even before the election. The market will continue to move in this manner “an unpredictable movement” always.

The market is very volatile now and anything can happen. We can see it going all the way to $100K before the month runs out or we may see it struggle to get there and still maintain a price below the all time high now. The market price and how the market moved as a result of the US election cannot be used to conclude how far the market will go and if the bull run is here already. We should expect more to this for the market to be on a bullish run and not just a fundamental trend like this.

[Nusrat]

The price of Bitcoin currently touched $77.1K, an all-time high.  But in the future this 2024 bitcoin price is most likely to be 100k dollar, because this season the bull run has started.  Because this long four-year cycle is currently being implemented and large investment institutions have invested heavily in Bitcoin.  Due to the combination of various factors, Bitcoin price is moving towards the maximum speed at present.

[Paragon2]

The price of Bitcoin currently touched $77.1K, an all-time high.  But in the future this 2024 bitcoin price is most likely to be 100k dollar, because this season the bull run has started.  Because this long four-year cycle is currently being implemented and large investment institutions have invested heavily in Bitcoin.  Due to the combination of various factors, Bitcoin price is moving towards the maximum speed at present.

The latest update sees the price of Bitcoin touch $87k, the biggest improvement for the time being. And Bitcoin price will touch 100k dollar in next step. So there is still enough time left that those who are afraid of holding will be holding Bitcoin very quickly. Bitcoin will be pumping again in 2025, with $200k the most likely but $170k the most likely. Bitcoin price all time record highs because the price that will be crossed at the current time is a record high for Bitcoin.