Bitcoin is slightly down
The new month has started and we can see a slight reduction in the Bitcoin price but I think this is not something we need to worry about because this is normal. Little correction in the price is the normal thing in the market and I don't think there is anything to worry about because we can often see this type of price movement in the overall crypto market quite often.
Currently, the Bitcoin price has gone below 65,000 U.S. dollars and people are anticipating that this quarter is going to be crucial for Bitcoin and the overall crypto market so it will not be a surprise if we see a rally all of a sudden after some time. It may happen early or it may happen late that is not something we can predict because the market is unpredictable and things might not go the way we like although baby the way we expect in the market.
I still think that the current price is a good time to buy more provided you are following the long-term strategy but this is not financial advice and I would say that if you believe in Bitcoin and crypto then only invest as it is not something that you should consider for the investment but if you do then you might be making a great amount of money through your investment. Of course, there is always a recommendation to go for the long term because that way you not just minimise the risk but also give it more time to grow with a significant ratio.
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