What do you think is the most responsible factor for the massive drop in Bitcoin? The main reason is Trump's trade policy revision which has led to tariffs instead of expanding trade with countries around the world. The unrest began after Donald Trump signed an executive order imposing additional tariffs on China, Canada, and Mexico as previously announced. This situation has led to countermeasures from all three countries. As a result new trade risks have been created around the world and economists are afraid of further inflation.
I would also point to the big whales who manipulate the market through their manipulation. Or to pull down the price for buy the dips. Or something else?
More buying opportunities should be taken due to the impact of Bitcoin dips.
I think buying is the right thing to do, because if we take a look bitcoin price it is not totally go down it is still on the middle status of going up and down we still don't know what year 2025 will bring to us, i believe that ot is not totally dip, there is still a possible way yo rise up and i think buying is a good opportunity.
That's always been the safe strategy, to just continue to buy as long as you can, or as long as you have the budget and do DCA. Just like what we have again today, when the price dips to $94k and for sure there are investors that are going to take this opportunity.
For 2025, let's say we stick to the premise that we are in the bull run cycle. And so with that, then we should be looking for a new all time high. And that is why it's better to still go and buy and accumulate even if others think that the price is too expensive. We can still make a decent profit, and that is the most important thing in this bull run cycle, to take profit as much as we can.