If you were following the market right from 2016 you would understand that there's nothing impossible to happen in the industry.
Even we didn't follow the market since 2016, we should understand that there are many factors to trigger the price decreasing severely. We have the news about MT Gox to send a big number of Bitcoin to creditors, this surely makes sense to influence the market price. Just image if the creditors sell the big number of the Bitcoin, the supply will increase significantly and the price drop quickly.
Related news: https://www.theblock.co/post/303594/bitcoin-dips-mt-gox-moves-btcI don't think something serious have happened let say to me the market would still drop to about 30 to 40 percent decrease from the ATH, this will happen before we finally get into full bull run if the history are in sequence because it seems the market is no longer moving the way it should but it is better to be optimistic that something positive gonna happened.
Yep. We already saw the same way in the previous cycle that the price dropped quite a lot after the halving. It will increase gradually when it is nearing the new ATH in the next year. Decreasing 30% - 40% is quite big, but it is still reasonable because we have some negative news recently. However, I am also the same as you, I no doubt with Bitcoin future. When the negative news is over, there should be another rally on Bitcoin uptrend. I assume in Q4 of this year, we may see another rally for the new ATH of Bitcoin.
If you were looking for a better moment to enter the market then now is the right to engage yourself with DCA.
DCA can be done any time as long as the price looks far from the next ATH. However, sometimes the problem is about capital, we often has no longer money whenever there is a big dump.
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