THE BEAR MARKET JUST STARTED

[pawanjain]

Even I believe that we are in bear market already and may be this could be the bottom range that we are in currently.
May be we can also see few more corrections downwards before we really start going upwards.
DCAing is probably the best strategy right now which will help us accumulate at a better average price.

Sad to say but I was hoping we would see a new ATH price when we were at $126k.
I kept waiting for a new ATH price so that I could sell higher and then buy back lower but I have completely missed that opportunity.
Now there's no other option than to HODL what I have while putting in more capital at lower prices.

[Henryglass16@gmail.com]

I only have 1,000,200 sats so far. Do you think I should just be saving money over the next few months and add them as a lump sum when the price dips?? and what do you guys think of people who trade bitcoin like accumulate and then sell when it hits an all-time new high then  they buy from the bottom !!???  is that good advice or should I just DCA and lump sum when it dips?

[Witch hunting]

I have read several predictions that Bitcoin will still hit another ATH before the bull run is over. It is possible that it could happen, but from the indications, we have entered the bear season. What are those who are panicking and selling at a loss thinking? Maybe they assume that Bitcoin will not rise in the future, or they don't have emergency funds to handle some expenses. This is because I don't see any reason why people are selling at this time. Keeping it for a few years would bring gains. This time is for accumulation and hodling.

For me Bitcoin price will not recover this year. However nothing is impossible.

Only skeptics still hold a naive mindset and are willing to sell their BTC cheaply out of fear. Visually, the market is still fluctuating between 68,000 and 70,000, but when BTC is about to rise, is there anyone capable of stopping it?

True answer like you say nothing is impossible for BTC to rise up.

[Luzin]

I kept waiting for a new ATH price so that I could sell higher and then buy back lower but I have completely missed that opportunity.
Now there's no other option than to HODL what I have while putting in more capital at lower prices.

That is the best way to gradually reduce losses. You are lucky if you didn't go all in at a single price and still have enough funds to make purchases using the DCA technique. You might feel sad right now because its value has decreased, but the quantity remains the same. This is a normal situation; when you are confident it can reach a new ATH again, then hold on. You have surely understood the Bull and Bear periods; it generally takes about 4 years to reach a new ATH if we look at BTC price movement history. But remember, it requires strong mental strength and patience.

[Hamza2424]

Its definitely a time for buying and there will certainly be others who will be holding out for lower market pricing
and even trying to time the bottom [which is very difficult]

After buying a few times around $100k myself, I have already started "lowering my average"

If you have bought at $100k then you are doing great by lowering the average buying price because bro this is really a great time yo accumulate more btc many of us are underestimating the current price and taking it lightly because they think it can dump even more. Their bullish sentiments or mindset whatever they had is mow gone. All they doin right now is enjoying Epstein haha.

They will regret, by the way I came to know a week ago that there are some members in the community who still think that the bear market has not come yet but most of us are saying we are already in the bear market.

[Franctoshi]

Meanwhile, $BTC just hit its lowest 2-week RSI since:

- June 2022
- December 2018
- January 2015

Now is the time to DCA.

Not panic.

Even the timing aligns PERFECTLY:

1428 days | RSI low to RSI low
1288 days | RSI low to RSI low
1330 days | RSI low to RSI low

Yes even the monthly RSI is nearing its lowest oversold level on the Monthly perspective since the 2022 bear market, signalling a potential market reversal in the nearest possible time, we do not have much room to go down than we have to go upwards, despite the escalating tension between the US and Iran, I do not have disbelief in what the market would do, even in time of wars and geopolitical tension Bitcoin is a save heaven for investors.