For those of the investors that has two strategy of buying through Lump sum and DCA strategy perhaps this is actually the right moment to utilize the opportunity of Lump suming because Bitcoin has presented a very good opportunity and waiting for more dip before Lump sum could make them end up not buying again because for the Bitcoin price to have gotten to $46k+ and start dropping down to $39,720 there is every chance that the price make likely range between those zone and may not go more further down so perhaps expecting the price to drop more could be a very bad decision because Bitcoin made this similar movement when the price was still $25k and it was ranging to $27k and dropping back to $25k so most investors feels that the price will drop below $20k before they could start the Lump sum but they never get the opportunity to.
Perhaps it has presented another opportunity to Lump sum and most of the investors are still saying that there buying target is only when the price will get to $38k before they could start buying, however they forgot that there is every possibility that the price may not get to that point and perhaps with the way Bitcoin price movement behaves when is ready to peak it moves fast within hours so any investors who fails to utilize the opportunity now may likely regret it later on.
Lump sum are an important part for investors who have large funds in this decline. The opportunity came when no one predicted, I mean everyone predicted that after the Bitcoin spot ETF was approved the price of Bitcoin would rise drastically but in this case large companies like Grayscale took advantage of the investments they had made in previous years. They took advantage by selling a small amount of their BTC holdings because we can see the transaction from their wallet to Coinbase.
Apart from that, a wise investment strategy in the situation to find the lowest price is of course to place orders in stages, be it $35k, $36k, because the market situation is not yet stable enough because grayscale btc outflows are still occurring. Yes, even if you are interested in buying instantly at the current price, of course that would be better because the price of Bitcoin was corrected this week. Moreover, the halving is only 69 days away, so whatever the best conclusion, don't delay in buying Bitcoin. Bitcoin spot ETF has been approved, but I haven't seen any big pump and that's why I'm sure that this downturn cannot be considered normal because if the market turns green I think there will be big pump in the future. So buy in lump sum or DCA and important hold your BTC holdings for a long period of time.