Are we really back in the bear market? I saw an influencer shared this, and if it is actually true, then it is a confirmation that $BTC may enter $90k+ soon and may liquidate a lot of people that are already in the LONG position. What do you have to say concerning this?
To be honest, i must say that nothing is impossible in this world, especially when it comes to Bitcoin. We have seen Bitcoin continue to grow, with more and more people becoming familiar with Bitcoin (BTC) every day, and its adoption expanding not only among individuals but also among many companies and institutions that continue to accumulate Bitcoin (BTC). This has led to prices continuing to rise over time, as we have seen prices break through previous all-time highs (ATH) and create new record highs above $120k.
Therefore, it is important to have confidence in the assets you hold, remain committed to long-term investments, so that even if the price of Bitcoin (BTC) drops below $100k, you won’t be concerned about it, as your focus is on the long term. If possible, continue to accumulate and apply the DCA method to maintain the consistency of your investments.