BTC $88k: What Should We Do?

[Suba]

The crypto market is very depressed and the price of Bitcoin has plunged from $96k to $87k for a while and when I wrote this thread the price of Bitcoin on Coinmarketcap is $88,900. Some of the reasons why Bitcoin is depressed have been discussed at discussionbucks.com/threads/why-bitcoin-price-makes-retail-investors-anxious.19875/. Here are some analysts or crypto experts suggesting what we need to do, but it all depends on your decision to take the best steps as follows:

Buy Bitcoin
In my opinion, if the price of Bitcoin drops to $80k then there is an opportunity for us to collect Btc by buying gradually.

Take Profit
Some experts on account X are pessimistic about the price of Bitcoin which is getting weaker, liquidity is decreasing, trading volume is decreasing, so they think that taking profit will be better than speculating for an uncertain long term.

Wait & See
The crypto market is full of pitfalls and pitfalls set by Market Makers, so the best step is to wait and see patiently, like a tiger waiting for its prey. If you like trading, you can take two positions, both short and long.

 

[Starmix]

I also read the info on X that Binance supported Dogecoins. What is going on with cryptocurrencies? If the price is down, then it is good to buy crypto.

 

[Fidelia]

I think it is better to start buying bitcoin now. I think this is the price correction we needed to enter the Bitcoin market.

 

[Stardom22]

I think it's time to buy for that bitcoin and the ones with plenty of it should continue holding for a bullish trend.

 

[Kross]

I would still wait for bitcoin to reduce to $70k before I enter the market. I want to hold for 2 years.

 

[Suba]

This morning at 05:00 in my area, the price of Bitcoin continued to fall and reached the level of $84k, and it seems that it will fall further below $80k.