Is Bitcoin on a Downtrend?

19 replies 452 views
Posts: 9 · Reputation: 154
#1Apr 18, 2025, 02:48 PM
Bitcoin was around $69k yesterday but took a dip again. Is it just catching its breath before another surge, or the start of a longer decline? Should we buy now or wait a bit?
6 Reply Quote Share
planktonHero Member
Posts: 453 · Reputation: 2049
#2Apr 20, 2025, 03:16 AM
Just flip a coin... could drop a bit lower or might not.
4 Reply Quote Share
im_foxMember
Posts: 39 · Reputation: 57
#3Apr 20, 2025, 05:54 AM
Honestly, zoom out and stop checking the chart every five minutes. Trading will just stress you out. Look at the bigger picture. Dips happen, but every four years, we see a red candle. Instead of panicking, it's a chance to accumulate more.
0 Reply Quote Share
samlaserFull Member
Posts: 51 · Reputation: 480
#4Apr 20, 2025, 09:09 AM
If you can buy now, why wait? Even if it dips below $60k, you might end up stuck waiting and miss out. What if it shoots up to $70k and sits there? Better to buy now and look for more cash to DCA.
2 Reply Quote Share
alpha365Member
Posts: 5 · Reputation: 62
#5Apr 20, 2025, 01:45 PM
Yeah, Bitcoin dipped below this price last month and could go lower. But remember, the market is super volatile. It was at $69k and now it's dropped. So who knows what will happen next.
2 Reply Quote Share
satoshi420Full Member
Posts: 3 · Reputation: 369
#6Apr 20, 2025, 03:09 PM
It's totally unpredictable. But I bet we'll see Bitcoin dip below $60k at least once. After big drops, there's usually another 10-15% drop. If it happens, it might be by the end of March. Good for long-term holders, but weak hands need to rethink.
1 Reply Quote Share
GigaOmegaMember
Posts: 64 · Reputation: 227
#7Apr 21, 2025, 04:31 AM
I feel like we’re in a bear market now, and with all this talk about war, things might crash even more. But hey, it’s a buying opportunity for us. Sad, but true. If you have altcoins and Bitcoin, might be wise to sell now and buy back cheaper.
6 Reply Quote Share
GrimChainFull Member
Posts: 4 · Reputation: 790
#8Apr 21, 2025, 07:28 AM
No need to wait if you have the cash. Bitcoin’s in a bearish trend, so periodic buying is smart. Real investors know it’s never too late, especially for future investments. Just hold onto it for the long haul.
2 Reply Quote Share
Posts: 11 · Reputation: 42
#9Apr 21, 2025, 08:13 AM
Nobody knows if it'll dip more or bounce back, but eventually, it’ll hit a new ATH. Big investors are still buying. We shouldn't panic; instead, we should be glad to buy at a discount.
2 Reply Quote Share
Posts: 9 · Reputation: 73
#10Apr 21, 2025, 09:26 AM
Honestly, it could go either way. A dip after $69k isn’t shocking. Bitcoin usually pulls back before moving up again. If you’re a long-term holder, DCA is better than trying to time the market.
3 Reply Quote Share
0xHodlerMember
Posts: 123 · Reputation: 42
#11Apr 21, 2025, 10:55 AM
Last time it dipped around $70k, people freaked out. Most sold, but a few held strong. It bounced back to $100k after. Now, it feels different. This time, it might keep dropping.
1 Reply Quote Share
laser_nodeSenior Member
Posts: 30 · Reputation: 823
#12Apr 21, 2025, 11:18 AM
Wars involving the US always impact the market quickly. Bitcoin is at $63k now, a key support level. If it breaks, we might see $53k. Traders could face losses, but investors can stay calm.
2 Reply Quote Share
0xN1njaSenior Member
Posts: 13 · Reputation: 1803
#13Apr 21, 2025, 04:22 PM
If you can buy now, why not? DCA is a good approach. Prices dropped from $69k to $63k; buying small amounts now seems smart.
1 Reply Quote Share
nick.novaFull Member
Posts: 38 · Reputation: 259
#14Apr 21, 2025, 05:48 PM
Buy now or later, the bear market is here. Take your time but invest when you can.
3 Reply Quote Share
0xFarmFull Member
Posts: 47 · Reputation: 779
#15Apr 21, 2025, 11:30 PM
This is a bear market, so expect downtrends. Only a big change in news could shift the momentum. With all the global chaos, a rally seems far off.
4 Reply Quote Share
Posts: 8 · Reputation: 116
#16Apr 22, 2025, 01:13 AM
Waiting for lower prices might be a mistake. Bitcoin's been mostly low since October. Right now, it's around $64k. Surprising, right?
3 Reply Quote Share
SwiftForkMember
Posts: 108 · Reputation: 145
#17Apr 22, 2025, 01:54 AM
Bitcoin might not drop below $60k, but it doesn't look like it's heading up soon. Some think it'll hit $30k, but that sounds unrealistic.
0 Reply Quote Share
Posts: 9 · Reputation: 154
#18Apr 22, 2025, 08:13 AM
I doubt it’ll fall below $30k. Should I buy a little if it nears $50k?
2 Reply Quote Share
SwiftForkMember
Posts: 108 · Reputation: 145
#19Apr 22, 2025, 01:42 PM
Not sure if Bitcoin will hit $50k during this bear market. I’d suggest DCA instead; if it hits that price, grab more.
4 Reply Quote Share
sat_s4geFull Member
Posts: 10 · Reputation: 361
#20Apr 22, 2025, 06:25 PM
Gold and silver are on fire right now. Just picked up some mining shares.
0 Reply Quote Share

Related topics