For long-term BTC holders, the current price is nearing the buy the dip area.
According to the backtest of the AHR999 index, when the index is below 0.45 it is suitable to buy the dip, from 0.45 to 1.2 it is suitable for regular investments, and above 1.2 it is not the best investment time.
🟠Monitoring period: November 22 at 12 o'clock 🔵Current Index: 0.4864 🟢Current BTC price: $84404.93 🟤Suggestion: [Dollar Cost Averaging] invest below the 1.2 investment line
JP Morgan stated that the current Bitcoin decline is not due to institutional exit, but rather triggered by retail investors' concentrated sell-off through Bitcoin spot ETFs.
I compiled data from November 3 to 21, showing that the net outflow for Bitcoin ETFs alone exceeded 4.6 billion USD, and adding the 1.8 billion USD for ETH, the total exceeded 6.4 billion USD.
Most people are bullish when it goes up and bearish when it goes down 🤣 When it rises, they see it at 100,000, and when it falls, they see it at 10,000. The way you view housing prices is the same as how you view Bitcoin.
Those who didn't buy BTC when it was 80,000 and are now slapping their thighs, as well as those who shouted to sell their houses to buy the dip at 80,000, do you need to take action now?
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For long-term BTC holders, the current price is nearing the buy the dip area.
According to the backtest of the AHR999 index, when the index is below 0.45 it is suitable to buy the dip, from 0.45 to 1.2 it is suitable for regular investments, and above 1.2 it is not the best investment time.
🟠Monitoring period: November 22 at 12 o'clock
🔵Current Index: 0.4864
🟢Current BTC price: $84404.93
🟤Suggestion: [Dollar Cost Averaging] invest below the 1.2 investment line
JP Morgan stated that the current Bitcoin decline is not due to institutional exit, but rather triggered by retail investors' concentrated sell-off through Bitcoin spot ETFs.
I compiled data from November 3 to 21, showing that the net outflow for Bitcoin ETFs alone exceeded 4.6 billion USD, and adding the 1.8 billion USD for ETH, the total exceeded 6.4 billion USD.
Most people are bullish when it goes up and bearish when it goes down 🤣 When it rises, they see it at 100,000, and when it falls, they see it at 10,000. The way you view housing prices is the same as how you view Bitcoin.
Those who didn't buy BTC when it was 80,000 and are now slapping their thighs, as well as those who shouted to sell their houses to buy the dip at 80,000, do you need to take action now?