Bitcoin taking a dip to 34k – what to expect next?
The crypto market and Bitcoin sentiment has reached now about the same bullish level as during the 2019 bull run of Bitcoin. During that time, end of May 2019, Bitcoin took a 25% correction - after which it continued its uptrend until it peaked end of June 2019. Therefore, despite the current dip to 34k, CryptoCaptain expects the uptrend to continue after the market has calmed down in a range bound or sideways trading period for some time. Many investors consider such dips as buying opportunities.