GateUser-7ec4d021

Bitcoin is still in a death spiral, just like in 2022.
We are now in a good buying zone. From March to October, buying for a few months can potentially yield at least 3 times the return over the next 3 years.
Bottom-fishing can of course bring in more profits, but not everyone has the ability to hold on until the end.
Sometimes I really feel like I’m rambling, as if this market only has those three basic moves.
Be patient and wait for the divergence in the aggregated indicators to identify the bottom-buying point.

Over 700 buy orders at 60,000 have been canceled, it’s going to continue downward🤫

Let's take another look at the BTC investment system. I initially thought that with 100,000, BTC couldn't possibly drop that low, but without any major negative news, it fell to 60,000. Now it seems that dropping below LTH-RP isn't far off, and the current price is around 40,000. There are all kinds of indicators, but I don't expect to buy at the absolute lowest price. Being able to buy in the bottom range is already a success. Let's wait a bit longer. If it doesn't happen, it's just bad luck. If luck isn't on your side, it's best to play it safe on the right side with stop-losses. Hope luck w

The rebound can be played, but waiting a bit longer to bottom out.

Short-term rebound fluctuations are normal, but it's probably still early to see a bottom. NUPL indicates that most people haven't started cutting losses and exiting yet. LTH-RP shows that BTC price hasn't fallen below its true bottom. Further confirmation requires combining on-chain indicators and timing.

If the US stock market dips along with the overall market this time due to AI, then we have a greater chance to buy cheap BTC!

Gold and silver are dropping so much, but stocks haven't collapsed? Cryptocurrencies haven't collapsed? The chain reaction should still be on its way, so be cautious in everything. Panic hasn't yet spread to the crypto circle. Once it does, I think this decline could easily break through 74,000.