We are seeing Bitcoin’s price bottom at a level that would have been an all time high 2 months ago. That is bullish.
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.
We are still bullish at this point so there's no point for other if they have fear in this current situation.
Those slight correction indicates that they should buy more Bitcoin, because if it happens that they stop and got afraid to see more dump there's provably a high chance that they might regret their decision for not buying when opportunity like this exist in the market.
So instead of thinking about negative matters about current movement better for investor to continue doing DCA and continue to accumulate then aim for long term.
The current bitcoin price dump from 123K to around 112K is an opportunity to buy more bitcoin and those who didn't buy before this is the golden chance to accumulate bitcoin. Even if someone has already invested in bitcoin, they can buy more and accumulate more bitcoins. I do not think we would be able to see these prices again as fomo for the Interest rates cuts is to kick in soon and then the price may show some parabolic moves. After the Interest rates, we may anticipate QE but the chances for it are less at the moment.