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BTC hits resistance again at $80,000! Are dip buyers getting excited while shorts are laughing?
Bitcoin's performance lately is just like a student before an exam: looking full of confidence, but always falling a few points short when it's time to hand in the paper.
$80,000 has become a psychological battleground for bulls and bears. Bulls hope to regain market confidence with a rebound, while bears watch every failed push higher, hoping the price will turn back down.
So, is now the time to buy the dip? My view is that cheap doesn't mean safe, and a drop doesn't mean the bottom is definitely in. What really matters is whether the lows are gradually rising, whether the rebound has staying power, and whether market capital is willing to come in.
If you buy the dip blindly, what you catch may not be a golden pit, but an underground parking garage with no bottom. Shorting outright may not be smart either: if there's a sudden rebound, shorts could also be caught off guard. #每周来晒 and #BTC争夺8万美元关口
So I’d rather wait for a signal. There are opportunities in the market every day; what’s in short supply is the discipline not to let the market lead you by the nose. $GOOG