{"id":144221,"date":"2021-02-24T03:00:05","date_gmt":"2021-02-23T21:30:05","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=144221"},"modified":"2021-02-23T22:23:23","modified_gmt":"2021-02-23T16:53:23","slug":"heres-the-right-time-to-switch-into-buy-the-bitcoin-dip-mode","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/heres-the-right-time-to-switch-into-buy-the-bitcoin-dip-mode\/","title":{"rendered":"Here’s the right time to switch into \u2018buy the bitcoin dip mode\u2019"},"content":{"rendered":"

CEO and Co-Founder of Real Vision Group, <\/span>Raoul Pal<\/span><\/a>\u00a0welcomed Bitcoin\u2019s recent price dip. The crypto influencer who once admitted to dividing his portfolio<\/a> between BTC and ETH <\/span>said<\/span><\/a> that he is relieved when Bitcoin sell-offs arrive.\u00a0<\/span><\/p>\n

According to Pal, this market trend presents an opportunity for traders to switch into \u201cbuy the dip mode.\u201d\u00a0<\/span><\/p>\n

It (Is) it just me that feels relief when the BTC sell offs come? You know they are coming but when they finally arrive you can switch into buy the dip mode.\u00a0<\/span><\/p><\/blockquote>\n

Pal noted that over the years, the month of March has often been associated with bear spells. He further added:\u00a0<\/span><\/p>\n

Not sure if this is the bigger March correction of just another cheeky shakeout.<\/span><\/p><\/blockquote>\n

Pal, a former Goldman Sachs executive published his tweet<\/a> when Bitcoin was going through a price plunge, which was accompanied by bearish sentiments across the board. <\/span>At the time, the asset reached a 24-hour low of <\/span>$45,201m; however, Bitcoin was trading at <\/span>48,076<\/a> and has been up and down by roughly 2% in the past two hours.\u00a0<\/span><\/p>\n

Earlier, the macroeconomist <\/span>believed <\/span><\/a>that every asset including Bitcoin will have a bear case. However, Pal emphasized the importance of \u201cwhen\u201d a bearish trend would change market dynamics. He said that in \u201cthe entire investment game,\u201d \u201cmaking bear cases is only a small part of the game,\u201d as are bull markets.\u00a0<\/span><\/p>\n

Pal has also attempted to predict the price of Bitcoin in the past. He <\/span>said <\/span><\/a>BTC would soar to $1 million in roughly five years\u2019 time because of its restricted supply, and a market demand that will always be in Bitcoin\u2019s favor.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

CEO and Co-Founder of Real Vision Group, Raoul Pal\u00a0welcomed Bitcoin\u2019s recent price dip. The crypto influencer who once admitted to dividing his portfolio between BTC and ETH said that he is relieved when Bitcoin sell-offs arrive.\u00a0 According to Pal, this market trend presents an opportunity for traders to switch into \u201cbuy the dip mode.\u201d\u00a0 ItContinue reading “Here’s the right time to switch into \u2018buy the bitcoin dip mode\u2019”<\/span><\/a><\/p>\n","protected":false},"author":34,"featured_media":144223,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[35,360,66,3,20],"tags":[],"class_list":["post-144221","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin-news","category-btc-trading-view","category-new-news","category-news","category-trading-view"],"acf":[],"yoast_head":"\nHere's the right time to switch into \u2018buy the bitcoin dip mode\u2019 - AMBCrypto<\/title>\n<meta name=\"description\" content=\"According to Pal, a bear market trend presents an opportunity for traders to switch into \u201cbuy the dip mode.\u201d\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/heres-the-right-time-to-switch-into-buy-the-bitcoin-dip-mode\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Here's the right time to switch into \u2018buy the bitcoin dip mode\u2019 - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"CEO and Co-Founder of Real Vision Group, Raoul Pal\u00a0welcomed Bitcoin\u2019s recent price dip. 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