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RE: Should I buy the Bitcoin dip? by jfang003

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· @jfang003 ·
I do believe BTC will be higher but do you expect any damage to the charts if BTC does close under 30k? I think we probably still have at least a week before it does make a decision though.

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@forexbrokr ·
If Bitcoin closes below the 30K range, then yes it opens itself up to further falls.

But support is support until it's not and right now the bottom of that range is holding strong.

As we've seen with Michael Saylor recently continuing to buy the Bitcoin dip, there's certainly no shortage of demand from institutional players.

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