Another DIP buying opportunity might be coming! I'm not sure how low, or if this correction continues to fall under $40,000, but buying some Bitcoin with any sort of discount should definitely be "greeted" with open arms. Don't miss the opportunity!
Buy the DIP, and HODL!
Prices still holding at $41k, but yeah, who knows, maybe in the next coming days it will be <$40k and so it will be a good buying opportunity again specially for those who have funds and take advantage of the situation.
Obviously, we don't want to see the price going down again as everyone is very bullish specially that we have ETF approvals already. But as we can see, the market is really unpredictable that it went on the opposite side. So yeah, it we will at the dip in a positive way, this is a great chance again to stack up sats and accumulate.
Yes, for bitcoin investors looking to take advantage of the bull market, the current dip is indeed a great opportunity to jump in and buy. I tried checking on the exchange earlier, it turns out that Bitcoin has experienced a price decline again. Even though it's not very deep, this is the right moment to buy bitcoin. Although we don't yet know whether the price of bitcoin will fall further or not. But in my opinion, don't wait for prices to drop again. Because it could be that a few days later the price will rise again and it will be difficult to reach the price at the current point. Because as you said, the current price of bitcoin is difficult to predict. Therefore, it is better to take advantage of the existing momentum, rather than having to wait.
Although the risk of price decline is still quite large. But in my opinion the potential for price increases is quite large too. Because if you look at market sentiment and fundamentals, the price of bitcoin will continue to move towards increasing prices. The reason is because Bitcoin will soon face a Halving cycle. Which of course will make many bitcoin investors flock to buy this asset. Then the second reason, as you said, the bitcoin ETF has now been legalized. If seen from a positive perspective, Bitcoin will become increasingly popular with many people.
So if you look at these aspects, I think bitcoin will continue to experience price increases.