So does the bitcoin moving down to 50k once again?

[Stardom22]

The bitcoin had stayed at the 50k's for a long before it shot for the 60k then on the day up to the 64k mark. However in like 48 hours back the BTC prices has shown a significant fall in the prices to as low as 58k as we speak. So my question is do you see the BTC going down to 50k. I bet it's time for buying.

 

[Suba]

Bitcoin price is currently $59k, before the price hit ATH $73k in March, BTC price was between $42 - $49k. I think it will be very difficult in the near future for BTC price to be at $50k level, unless whales sell Bitcoin in large amounts.

 

[Webster]

The bitcoin had stayed at the 50k's for a long before it shot for the 60k then on the day up to the 64k mark. However in like 48 hours back the BTC prices has shown a significant fall in the prices to as low as 58k as we speak. So my question is do you see the BTC going down to 50k. I bet it's time for buying.

Bitcoin price is currently $59k, before the price hit ATH $73k in March, BTC price was between $42 - $49k. I think it will be very difficult in the near future for BTC price to be at $50k level, unless whales sell Bitcoin in large amounts.

If it drops to $50k and below, definitely buy.
At present, the expectation is for Bitcoin to continue going upwards; the question is "how high will it go?"

 

[Stardom22]

I too think that when the bitcoin drops to the 50k mark, that would be the right time to buy it for sure and sell it when it reaches may be the 70 plus mark for higher prices for that matter.

 

[Webster]

I too think that when the bitcoin drops to the 50k mark, that would be the right time to buy it for sure and sell it when it reaches may be the 70 plus mark for higher prices for that matter.

Buy low, sell high.
Works most every time.

 

[Stardom22]

That's why most crypto investors had really leveraged on the volatility nature of the bitcoin for instance. Most people are now waiting for it to drop more so that they can buy it at cheaper prices.