The volatile price of Bitcoin has led to discussions about buying on dips. Binance CEO CZ made a sardonic remark about Bitcoin's "crash" from $101,000 to $85,000 but also expressed optimism about reaching another all-time high. Social media platforms are seeing a rise in discussions about buying the dip, with mentions of Bitcoin and "buying the dip" at their highest levels since April 2024. Retail and institutional investors are optimistic, despite a 6.85% decrease in Bitcoin's value. Bitcoin's price is trying to stabilize after a sharp correction, with critical support at $92,000 and resistance at $97,500 and $100,000. Over 62.07% of Binance traders with open Bitcoin positions are betting on a price increase. Technical indicators provide mixed signals, with oversold conditions and a small bullish divergence indicating potential for recovery.



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