Quote from: NewRanger on February 21, 2024, 03:03:13 PM

The illustration above makes perfect sense. When they say the price of bitcoin could drop and return to $1000k, we should tell them why. Anyone can share their analysis, but not everyone can tell you why. Moreover, current market conditions are very different from last year. Currently investors are very happy to see the price of BTC and those who have prepared themselves after the big correction that occurred with the DCA investment model can also smile happily of course. Slowly but surely.

Now Bitcoin price corrections of normal size are still occurring in the market and this is not so bad for investors who are still happy to use the DCA method so far. I don't think about the reason for the decline too much this month and also in the next month because the potential for a price increase is still quite possible in Bitcoin if you look at the many people who are happy to buy Bitcoin at this time.

This also includes investors who are still not bored with the current market conditions so they are still happy enough to continue buying and the possibility of a decline in the price of Bitcoin in the market is less compared to the potential price increase that is still occurring in the last few days. And I also hope that this can continue until the end of this year.