Many crypto investors are eyeing on cheaper levels around $8,000 to buy BTC, They may miss this dip and never see bitcoin this cheap again

While everybody is enjoying the show of manipulation of BTC price by the big bag owners, many investors are waiting to see lower prices like 7300$ to 8000 to buy in. But they may miss the current dip we are in from $14000 to $9350 and have a fomo moment when the btc takes off to 10000$+ again as it has done at least 4 times in this latest rally.

BTC dropped from 8900$ to 8200$ and two days after to 9350$. This has happened after a long 3 week strong support on 10000$ to 11000$ range. A huge 140$+ Mil liquidation of longs in a 15min deop by sell off of not so many people but just a few with so much pressure to lower the price to under some strong support zones.

  • Bitcoin fell about $530, or 5%, in a 40-minute span after being mostly flat for the day.
  • Bitcoin is now well below the level of more than $12,600 that it was trading at in July.
  • Fellow cryptocurrency Ethereum also took a similar dive on Wednesday.

 

Categories: cryptocurrency, Gaming News, Technology

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Mohsen Daemi
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