I was saying that this dip feels like the same buying opportunity that presented itself to us in the 15-16k dip. I’m allocating more buying $ at this level on top of any dca I’m doing.
Are you sure that we are not going to see further dips from this level? This very dip has lingered around the 26k region and from experience, when the consolidation is extended, there is always this sharp move in the opposite direction to the real major move. Going by that, I think we might see a little lower prices before the much awaited bull market.
Comparing the present market condition to the 15-16k dip is not perfect to me because while the later happened within a very short period of time, the former is still ongoing for about two months and counting.
So it is best to keep an open mind and DCA is just enough for that. When price lingered around the 29k region, I was tempted to allocate all my funds then through instant execution. Am glad I did not yield to that temptation as I had to set limit orders at different lower price points of which some have been filled at lower prices. I guess that might be what is going on with you. Anyways, it your funds and your decision to make... just follow your heart.