Good news for those who were little bit worried about the drop in the price of Bitcoin - today the price of Bitcoin has increased by about 5.8% and the current price is $93614.00, which is a 7.1% increase compared to the last seven days. Those who have idle money or have some extra money left after paying all the expenses for living or have any source of income from which you regularly get some extra money that you can invest in Bitcoin in the DCA (Dollar Cost Averaging) strategy, whenever you want, you can buy Bitcoin - this way your investment will gradually build up. Which will be a big investment in the future.
There is nothing like good news here because Bitcoin has been above this price before and the people that was worried about the market price before are traders who disguise themselves as an investor. One thing is for sure no matter how one try to disguise, the Dip will always reveal them because they will either be worried, panic or sell there investment during the Dip. Like I said earlier it is not a good news most especially for long term investor but it would have been a good news if investors sees a new ATH ( all time high), and for those who are still doubting If the price of Bitcoin will still appreciate, it has just happen and the price we were seeing before may not be seen again that is why we should utilize every opportunity the market present to us.
If you don't feel excited when Bitcoin prices rise you probably don't have Bitcoin holdings. We still accumulate Bitcoin in anticipation of higher prices on a regular basis and each bull run continues to excite investors. Dips/price correction periods are good opportunities for investors to increase their Bitcoin holdings by aggressively buying as much as they can. Don't you think we're going to get another ATH with this continued price increase? @Bluebird1357 is excited is a great sign for most Bitcoin investors because the past few weeks have seen the price cycle from dips to bullish levels.
Bearish times are a great time for some to buy dips On the other hand, for investors who are accumulating Bitcoin using DCA strategies this is another great period to reduce UP in their portfolio. I think Bitcoin investors are not worried about their holdings because they know that Bitcoin's price will soon reach another ATH.