The market currently: Is it an opportunity? #BTC

Bitcoin is down about 30% from its last peak above $120–126 thousand in October.

In November, there was a significant outflow of money from ETF funds of about $2.9–3 billion, which led to very high selling pressure.

In the last two days, some money has started to flow back into some ETFs, but the outlook is still negative in the short term.

Is it an opportunity now?

It depends on your approach:

1️⃣ If you are a long-term investor (2–5 years):

The current price is much lower than the last peak ⇒ it is considered a strong correction, not a peak.

Historically, every major drop after new peaks has been a good opportunity for those buying in stages (DCA).

But you need to be prepared to see the price drop further (for example, to 70k or even lower) before it rises again. $BTC