For the next few months I still believe the market is in a correction phase, for all existing coins will be indirectly affected by their journey, the recovery point has not been seen until now, so market sentiment will continue until an uncertain time lag, market reaction will continue We see ups and downs for the next few months, so be very careful when entering the market now, if you want to secure the assets you own
Correction is something else, the price was high and there was a correction then there was a bear market. Right now we are in a stagnant market, that is what the current situation is called, which means that it is not really a big problem, sure it is not great neither and we would like to see a lot of great increases in the price, but at the end of the day as long as it is not doing badly, we should be fine with it.
I personally find 40k+ as a good place, if we could accumulate more and more here, then no FUD could hurt us. Just focus on getting more bitcoins, that is the important number, the more bitcoins you have, the better you will be when it evidently goes up.
Correction conditions like this make buying more profitable, compared to buying under normal conditions, correction can't be stopped under any market conditions, because this reaction will continue to appear every time there is market sentiment.
Bitcoin can be purchased at any price, if the purchase is at an expensive price, then look at the short-term opportunities that can produce, even though we get a small profit, but in the long term it could be that the purchase will generate multiple profits.
For the next few months I still believe the market is in a correction phase, for all existing coins will be indirectly affected by their journey, the recovery point has not been seen until now, so market sentiment will continue until an uncertain time lag, market reaction will continue We see ups and downs for the next few months, so be very careful when entering the market now, if you want to secure the assets you own
Correction is something else, the price was high and there was a correction then there was a bear market. Right now we are in a stagnant market, that is what the current situation is called, which means that it is not really a big problem, sure it is not great neither and we would like to see a lot of great increases in the price, but at the end of the day as long as it is not doing badly, we should be fine with it.
I personally find 40k+ as a good place, if we could accumulate more and more here, then no FUD could hurt us. Just focus on getting more bitcoins, that is the important number, the more bitcoins you have, the better you will be when it evidently goes up.
Your analysis look pretty accurate. That is exactly what we are seeing on the currently scenario of cryptocurrency market. I'm glad the correction hasn't dragged bitcoin below. It could be much worse, if we compare btc's situation right now with past bearish markets.
It shows the market is more mature than ever, and even though investors are fearful, uncertain and doubtful, these negative emotions still don't have enough potential and power to impact bitcoin too badly.
The investment concept will be problematic if we can't read the opportunities, this has a huge impact on bitcoin investment, where for the price of one bitcoin it is still in the quite expensive category, correction conditions are the best step for us to make a purchase, because at this time bitcoin is affordable by people.
some people expect bitcoin to correct at its lowest price, because they will start buying in large quantities, while there are also people who expect bitcoin to rise at its highest price, this kind of reaction really depends on who and how they take advantage of it.
