For me l would take the advantage for this lowered prices and purchase more and more of the cryptocurrency as possible. I would however hold that for long and sell it when the prices moves up
For me, i see bitcoin coming down around 40k. I believe that bitcoin is in depreciation stage now. Bitcoin will hit around 42k dollars before rising up again. It is important to understand the dynamics of bitcoin before investing
Personally, I don't want the price of Bitcoin to fall into the abyss to below $40k, which would create market panic and despair among retail investors. I also hope that no whales release large amounts of Bitcoin.
I don't pay much attention to Bitcoin's fiat price anymore, but if it falls below even 40k I would still be very much in profit, as I invested much lower, if it keeps falling, I will buy more, nothing more.
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