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Recently, I’ve been preparing in advance for the next bull market. Whenever the price dips, I add to my spot positions. Since I mainly trade on a coin basis, I naturally—subjectively, that is—feel happy about prices going up. Shouldn’t nobody like prices falling? Unless they’re into something weird.
Every 4 years, the bear and bull cycles alternate, and the time for the small bull and the big bull takes up 3/4 of it. Even so, it’s only in an upward trend that people truly make money. I’ve never seen anyone get rich long-term just by continuously doing pure shorting. If you want to buy the cheapest BTC spot, that’s not really a reason to like price drops, honestly.
If, against all odds, the market could truly drop to 2w or 1w, then you still wouldn’t dare to buy it. Back in 2022, you didn’t even buy the dip at 17000 BTC—you still wouldn’t be able to catch the absolute lowest point. The chance of even touching below 48800 is very small.
If two weeks ago it had simply continued dropping from 59000, then went sideways without bouncing, and only after the Bank of Japan rate hike for another two weeks it dropped again—then it might be possible to see “4.” Unfortunately, that won’t happen, because it would rebound back to 6.8w or above; in that case, the most you’d get is 56666-52000.