Quote from: Scripture on April 28, 2022, 11:02:26 PM

Quote from: mertium on April 28, 2022, 09:36:28 PM

Bitcoin is 40%+ down from its ATH, but on-chain analysts say it's ‘starting to bottom out’.
Analysts say BTC’s weakness is exacerbated by institutional investors exiting futures markets, but on-chain data hints that Bitcoin is in an early bottoming process.

Full Story: https://www.mertium.com/a/19013824/

ATH was last year right? That maybe a huge drop but still look at the 5 years trend Bitcoin is still up by a huge percent and I think that is what matters especially if you are holding Bitcoin for long term. We can't expect Bitcoin to stay on ATH price, corrections are necessary and that 40% down is a great opportunity to buy again, that only means Bitcoin are still affordable, better to grab that opportunity to buy don't wait for the price to rise again.

What you say is very true and I also agree with this drastic decline that we take the opportunity to buy back bitcoin because no matter what conditions bitcoin will continue to rise, look forward to it rising only a few percent, but we can take advantage of the gaps in this decline .