Hey guy, What factors are causing the decline in Bitcoin today,[...] Has anyone got any technical analysis?
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There is no need for in depth analysis on this one. Bitcoin just rose for the past weeks so, it is to be expected that we're going to receive some corrections and it has come. Anyway, this isn't a big correction but that's how it typically goes when the market gets a pull back.
and what could be a strategic entry point if it falls below $40,000?
DCA is still the best strategy with these falls and pumps. You will never know if they're going to be the lowest and that's why, any price that you see that seems to be low for you, buy. That's the entry point that you should start with, when you're satisfied that it's the price that you should include in your buying points.