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Buy the dip! - 3 reasons why you should buy Bitcoin now



Black Friday has literally come true in the crypto market. The most important cryptocurrency lost over 10% of its value within a few hours. It went from $ 59,000 to under $ 54,000. Cryptocurrencies followed other markets that crashed due to the discovery of a new variant of Corona. But now it could be time to buy more. We present 3 reasons why you should now “Buy the dip!”.

The crash was predicted

A Bitcoin crash to almost $ 53,000 came as a surprise in this form. After all, an external event caused the Bitcoin price to implode. However, a drop to $ 53,000 has long been predicted or at least considered a possibility.

As such, these losses are nothing unusual or unexpected in the market. Rather, it is an opportunity that was predicted beforehand. Coincidentally, as we got close to that said $ 53,000, we got support. This could really bottom out for the next few weeks. A very good opportunity to buy the dip!

Bitcoin accumulation takes place

If you want to know how to invest wisely, it is worth looking at what the big animals do. The Bitcoin whales are busy buying new things at the moment and there is a lot of Bitcoin accumulation at the big addresses. Even independent of the whales, experienced Bitcoin investors have been accumulating for some time.

This behavior of the large and experienced investors shows that they are expecting a Bitcoin price explosion in the near future. If you don't want to miss the train, the last chance to invest relatively “cheaply” (buy the dip!) Would be now, if you plan to make a profit again on the coming price peak (the timing of which is still unclear) Selling. 

Bitcoin crash was "normal" and not a "Black Swan"

In connection with the Bitcoin crash on Black Friday, some observers speak of a Black Swan, a completely unexpected event that is throwing the market upside down. However, this is very likely not the case. As already mentioned, such waste has already been predicted. Furthermore, these extreme price drops are not unusual. 

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