Bitcoin isn’t ready to top for this cycle yet, but it’s possible it has. I think it is still a market to buy though. The value is getting high to be taking on big new positions, but I don’t see any reason to stop DCA’ing.
Many folks have much expectation from Bitcoin, forgetting that fluctuation is inevitable. The last time Bitcoin made a move like this it went down to $103,000 and came back to $115k and later broke a new ATH. A month ago, the current price was an ATH, and its obvious we will soon break a new ATH before the year runs out.
Every time is always a good time to buy Bitcoin. This year alone should have changed the doubtful and ignorant minds to not joke with Bitcoin investment. It is what it is man.
Bitcoin will always be volatile, this fluctuation is actually its natural nature, there is nothing to panic about in the short-term price.
Because look at history, Bitcoin has always been volatile, but ignoring all the volatility, Bitcoin has always been valuable in the long term.
And that is why Bitcoin has been able to grow so big now, which has the potential to grow even bigger in the future.
In fact, those who believe in Bitcoin and can hold it for the long term will have the opportunity to achieve future success.
This is actually a matter of faith, because history proves that after every big fall, a new ATH has come, so you should never panic during any fall, you should try to buy more at this time.