For new potential investors, is this still a good time to invest in Bitcoin ?
Definitely, it is still a good time to invest in Bitcoin. Looking at its ATH, Bitcoin is still selling at a discounted price. and we all know that after halving, the Bitcoin price tends to surge, and a year later of halving Bitcoin tend to record a series of ATH breaking event.
What do you think of the recent drop of Bitcoin price ? Please share your views.
It is influenced by the bad news created by collapsing centralized services and exchanges. Since the news of exchange bankruptcy brings negative news, the market reacts on it. We can also consider the correction of the price since Bitcoin surged too fast from $16k to $25k so correction is also expected.
The correction of price is a very good point and I totally agree. Sudden surge within a short period is not healthy and sustainable for the market. I can't prove that the Bitcoin market may also be manipulated but I tend to believe that. If the "correction" is true, this is really a good move to help the market stay healthy. At least for me, this fluctuation eases my worry and boosts my confidence in Bitcoin.