This is not the first time such a large sell-off has resulted in a bitcoin price drop.
It is not the first and won't be the last sell-off. Hey, sell-off is chance to accumulate and it is not like a crash to the hell.
Bitcoin historical corrections from all time highs. Hopefully the writer will write a new article with some updates for latest market corrections since 2021.
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It is a fantastic opportunity for buyers to accumulate more when many individuals are moaning about losing some percentage of their money as a result of the recent dip when the market had some decrease that brought us back to the $26,000 level.
From all time high about $69,000 to $26,000, Bitcoin has a correction about 60% that is good enough for accumulation. It's worse chance for accumulation than months ago when it was about $16,000 but with only 8 months
before 2024 halving, it's very last chance for us to buy discount Bitcoin.
Those who keep whining about not entering the market early can take advantage of this time since the market is so unclear that you can't tell if this is the lowest it can go today before experiencing a long-term positive market. There is never a bad time to start buying bitcoin, especially if you use the DCA approach to manage your savings.
They are fearful now and laughed at people who are accepting risk to buy Bitcoin dips but they will regret in future months by missing the train with discount prices. In future, around 2024 halving in April or after that, they will be greed and buy Bitcoin with new massive FOMO waves on the market.