Buy the Bitcoin Dip on the daily chart

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
If you are a big believer in Bitcoin , this is your chance. We are seeing a lot of support levels and loads of buy signals. 31,000 then the big psychological level of 30,000. Even 29,000 which we haven’t really seen Bitcoin at since the start of the year.

If you wanted to invest in BTC but thought it’s too high at 60,000 and that you missed your chance, this is it.

Of course, you might not believe in Bitcoin or cryptocurrency in general and you are trading and trying to take profits. I would be careful then and make sure the support holds. You can’t always buy the absolute bottom and sell the absolute top, wait for the market to support your ideas before you get into the trade.

As mentioned many times in our Telegram channel, we are big believers in BTC . Personally, we stack sats and hodl. We also buy the dip heavily. When we are trading we are more cautious though and wait for the market and the charts to support our ideas before we open a trade and get out of it quickly if we are wrong (unlike personally where we will hodl Bitcoin at any price and are going to the moon).

So to summarise, many support levels to buy bitcoin , be careful though and make sure they hold first and have stop losses in place. If you were waiting to buy bitcoin and hodl forever no matter what, this is also your chance to start doing that and stacking says every day.

Buy the dip.