This is another dip to buy again because the price is rising again. and the price right now is $114+k and it is in the green and the indication shows that it will hit $122+k again, those who were waiting can invest now and don't waste their time again but invest now that is still low.
It show that this is another opportunity for buyers to accumulate bitcoin from this dip before the price will increase again, and the only thing that will make some investors not to buy in this particular price in the market, it may be lack of fund which is the only thing that will stop such group of investors not to buy bitcoin now because the price has dropped down compare to the high price they have been accumulating bitcoin from, but from this indication, I don't think the bearish season is here already because the price will definitely hit $130k before the end of this year, and whoever that will invest will not be waiting for low price to appear before they can invest on bitcoin than to start buying from any price and continue holding to witness the $130k that will hit the market soon.
Somehow I believe we have enter the bearish season because the level of this Dip was really massive, check where the price of Bitcoin was and where it Dip to and for those that are still waiting for price to Dip more they are really wasting time because the price will surge from here soon.
I do not really get your point here bro, because calling it a bearish season just because of a dip feels a bit off to me…. Bitcoin has always had those pullbacks, but they do not automatically define the whole market cycle as bearish… Sometimes can be just normal volatility doing its thing, and we tend to overcomplicate it by trying to attach a big label to every move haha...
And that is what I have always wondered, why do traders like complicating things so much? Should the focus really be on chasing dips or waiting for that perfect entry, when in reality the best plan is proper DCAing? I mean, a pullback might give investors a better price, sure, but if you are only focused on timing dips, you will always be stressing over every move…
The whole point of Bitcoin investing is sticking to the plan and building consistently. For me, I would rather stay disciplined with my DCA strategy than waste energy debating whether this current dip means bearish or bullish season. If your conviction in Bitcoin is strong, the noise of massive dips and season calls should not really shake your approach….