Bitcoin price recovers $31.5K, but traders say ‘scam’ price action will bring more downside

[newshunter]

Bitcoin price recovers $31.5K, but traders say ‘scam’ price action will bring more downside

BTC price rallied back to a strong resistance level at $31,500, but traders caution that another whipsaw is the most likely outcome.

Source: Bitcoin price recovers $31.5K, but traders say ‘scam’ price action will bring more downside

Would appreciate your opinion about this

[Ryu27]

Bitcoin price recovers $31.5K, but traders say ‘scam’ price action will bring more downside

<p style="float:right; margin:0 0 10px 15px; width:240px;"></p><p>BTC price rallied back to a strong resistance level at $31,500, but traders caution that another whipsaw is the most likely outcome.</p>

Source: Bitcoin price recovers $31.5K, but traders say ‘scam’ price action will bring more downside

Would appreciate your opinion about this

That's what you called market challenge here in crypto space.
Where fluctuation and pump its price is most often happened.
And moreover, Bitcoin is not yet on stage of recover. Because its highest price was around 70k+ if I am mistaken, meaning  it went  down almost 50% in terms of price value. Therefore market fluctuation will continuously move in the crypto space.

[cheezcarls]

I just don’t mind what the naysayers are doing about Bitcoin. I’ll just stick to my plan where I am doing DCA (dollar-cost averaging) with Bitcoin every month. Last month, I bought BTC when the price was around $30k+, so yeah with my extra “not beer” money I’m gonna buy again despite they say that it will go down even further. It would give me an opportunity to accumulate more.