If you have a long term investing horizon, bitcoin is a buy right now
Bitcoin is entering the long term buy zone...
If you like bitcoin long term, nothing has really changed.
The bullish phase is over for the current cycle, but the next cycle is only a stone's throw away with the next halving less than 2 years away.
We are quickly approaching the buy zone:
(Source: https://twitter.com/AriRudd/status/1522589406624104448/photo/1)
This shows the price potentially getting into the mid $20k's over the coming months at some point, which I could see.
It makes sense to start dollar cost averaging in now though just in case that doesn't happen.
we probably have one more flush to go
this is either the drop or one more
everything else is recovering
how high can we bounce?
my guess is we bounce to $36k
we will see
was that the low
it might have been
dollar keeps rising
interest rates keeps rising