However, this year the price of Bitcoin has not fallen much, nor has it gone up. However, it has been observed that it has reached an all-time high. However, the price of Bitcoin has been relatively stable for the past few months.
When we say that we are at an ATH several times, it is clear that bitcoin is experiencing an increase, so it would be inaccurate to say that bitcoin is not rising or falling because fluctuations always occur. This year, we have experienced a very rapid increase and even reached several ATHs, which is proof that bitcoin's progress is still very good at the moment.
However, on the other hand, this movement is clearly only temporary because with such progress, we could even see Bitcoin reaching higher values compared to today.
So, what should we do? We just need to wait while investing as per our initial plan. DCA, Buy Dip, Lumpsum, or whatever else is possible as a purchasing scheme, and we must be able to minimize the risks involved by being prepared and responsible for our purchases given the current economic conditions (where buying does not burden us in our daily lives because this is for the long term).
Price of bitcoin has moved from $124k down to $110k and you said is just temporary, that there will not be bearish season soon? just watch and see what will happen before the end of September if the price of bitcoin will not decrease more than $100k to convince some investors waiting to buy in the dip to start buying bitcoin and hold because majority of investors are set to use huge amount of funds to buy and hold for long term, those that apply this method, dollar cost average (DCA) to accumulate bitcoin, always have the opportunity to make a good income from bitcoin investment because they don't like to sell when the price is low than to wait for long years before they can sell to earn double income from their holding.