The dips are getting smaller each time. This is a very bullish indicator. It means they are getting bought quicker
A few months ago we had a dip from 44k down to 28k. About 30%
Last month we had a dip from 58k down to the mid 40’s. About 25%
This month we had a dip of around 15-20%
The fact that the dips are getting smaller means there’s more and more people sitting on the sidelines ready to buy.
I wouldn’t be surprised if the next dip is around 10-15%
submitted by /u/saffron1990
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