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_Ram
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BearishIF CURRENT PRICES SCARE YOU TOO, READ ON!
The current drop of $BTC and cryptocurrencies in general is part of a market phase known as a bear market, this is not new, it is well known. From:
> Dec 2013 - Feb 2015: bitcoin went from $1,156.15 to $171.50
> Feb 2015 - Dec 2017: $171.50 to $20,089
> Dec 2017 - Dec 2018: $20,089 to $3,191.30
> Dec 2018 - Nov 2021: $3,191.30 to $68,789.63
> Nov 2021 - Nov 2022: $68,789.63 to $15,599.04
> Nov 2022 - Oct 2025: $15,599.04 - $126,198.07
Notice that each phase of decline lasts on average about 1 year and that the trough (or lowest price) of each of them is higher than its predecessor. In this logic, we can assert that the trough of this ongoing decline will be above $15,599.04 and will be reached around October 2026.
Buy the dips
The fact that the trough (or lowest price) of each bear market is higher than that of the previous bear market proves that despite the phases of declines, the long-term trend of bitcoin is undoubtedly bullish. With this trend, buying bitcoin is synonymous with profit if you are willing to hold long enough to realize it, hence HODL (hold without selling in panic).
The trough of a bear market is the buying point with the highest return on investment. But given that market analyses cannot predict with certainty the trough (or low price) that the market will reach during the bear market, it is recommended during a bear market to buy using the DCA method to capture an optimal average price.
Honestly, what were you doing before reading this article and what will you do now?
Sell? HOLD? or Buy the dip?
The current drop of $BTC and cryptocurrencies in general is part of a market phase known as a bear market, this is not new, it is well known. From:
> Dec 2013 - Feb 2015: bitcoin went from $1,156.15 to $171.50
> Feb 2015 - Dec 2017: $171.50 to $20,089
> Dec 2017 - Dec 2018: $20,089 to $3,191.30
> Dec 2018 - Nov 2021: $3,191.30 to $68,789.63
> Nov 2021 - Nov 2022: $68,789.63 to $15,599.04
> Nov 2022 - Oct 2025: $15,599.04 - $126,198.07
Notice that each phase of decline lasts on average about 1 year and that the trough (or lowest price) of each of them is higher than its predecessor. In this logic, we can assert that the trough of this ongoing decline will be above $15,599.04 and will be reached around October 2026.
Buy the dips
The fact that the trough (or lowest price) of each bear market is higher than that of the previous bear market proves that despite the phases of declines, the long-term trend of bitcoin is undoubtedly bullish. With this trend, buying bitcoin is synonymous with profit if you are willing to hold long enough to realize it, hence HODL (hold without selling in panic).
The trough of a bear market is the buying point with the highest return on investment. But given that market analyses cannot predict with certainty the trough (or low price) that the market will reach during the bear market, it is recommended during a bear market to buy using the DCA method to capture an optimal average price.
Honestly, what were you doing before reading this article and what will you do now?
Sell? HOLD? or Buy the dip?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.