Currently, the price of bitcoin is experiencing quite rapid increases and decreases. But I personally never worry about that, because I see that the price of bitcoin is always strong at $90K+ and has not yet touched prices below that. So if you look at this, it can be said that the price of bitcoin is currently quite stable at $90K-$97K. Maybe the current decline in bitcoin is clearly the result of traders selling their bitcoin. But I don't think we need to worry about that, because I'm sure there are currently more long-term bitcoin investors than traders. So even though bitcoin traders are selling their bitcoins at the moment, with many bitcoin investors continuing to accumulate, I think bitcoin will continue to stay at this 6-digit number and will definitely continue to increase. Because according to my predictions, currently many people are buying bitcoin to invest in the long term. So we just need to focus on continuing to accumulate bitcoin. Because basically the current decline in bitcoin prices is just a decoration before bitcoin continues to experience higher price increases.
Buddy with your statement above I can see that you're very observant of what's happening recently in Bitcoin investment, for me I call the price that shrinked as a temporal dump but this shouldn't be a problem for anyone, it shouldn't stand as a disturbance to anyone that's if one understands bitcoin investment very well, this is the reason I love Bitcoin, it keeps creating more opportunities for people to keep acumulating as fast as possible, talking about stability in a volatile asset i think i don't agree to that terms, you can say it's not much volatile this time as it keeps maintaining close range continuously.
I agree that the temporal price dip may be because of the fact that some bitcoiners has decided to sell some of their Bitcoin fractions though this is also assumption or speculation as we call it here but be it as it may, it is a good thing for every Bitcoiner to keep accumulating because Bitcoin in no longtime Bitcoin will skyrocket more than what we have seen already, as we know this is not the first time Bitcoin is facing such little price fall so it's no more a new thing, so why will it be a bothering when we know what will happen next,, am not in anyway panicking, no retreat no surrender thats should be the mindset.