Finding a Bitcoin dip will not be easy. Because if we think that Bitcoin will go back to $70k and I can buy more Bitcoin will definitely wrong decision. Because it will not be easy for the price of Bitcoin to go back to that level. Although none of us have the ability to accurately determine what will happen in the future, we can achieve this much that the demand for Bitcoin is increasing due to the way institutional investors are currently holding Bitcoin. So even if there is a slight price correction, it will not be able to go back to the previous state. The number of investors is increasing than before, but since the supply of Bitcoin has not increased, its demand will naturally increase. So it is better to buy and hold as soon as possible.
Yes it is true that the demand for Bitcoin is also increasing due to the way institutional investors are holding it right now. Recently we observed that
UnchainedUnchaineds founder Laura Sen was told by Michael Saylor about the rise in Bitcoin prices, saying that it is going to go up forever. In fact his company considers Bitcoin as a hedge against inflation and has continued confidence in it. Even
consideringimagine that they already own 2.8% of the Bitcoin supply so of course the demand for it is also increasing due to the increase in institutional investors. It is true of course, that even if there is a slight price correction, it will not return to its previous state and it is natural to still have the risk of a short term pullback when investing.