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Bitcoin prices, as all traders know, are driven up and down by a complicated set of market forces — including the impacts of positive and negative headlines known as “market sentiment.” In recent weeks, as prices have climbed back above the $60,000 mark set during spring’s bull run peak, one category of headline has been hard to miss:
“Buy the dip” is a common adage known in the cryptocurrency; you want to buy the dip because there is more profit potential when you purchase an asset at a lower price to sell at a higher price; however, the question still remains, what is the dip?
In wake of the recent four month move from 60,000 to 40,000 we have been given a clue to learn what…Read more