So scary, BTC is down to 97k now. Have you sold all your holdings yet?

I have no money left to DCA, just hanging in there because I tried to catch the bottom, but the more I tried to catch the bottom, the less money I had when it actually reached the bottom. It’s always like this. I wonder if this is the bottom.

In terms of medium and long-term trends, I still support the idea of BTC increasing in value due to monetary policy supporting it and all the on-chain indicators showing that we are close to the bottom. If you follow many long-term KOLs, you will know this.

For the short term, I still lean towards a recovery and growth by the end of the year, of course, expectations have decreased as BTC has adjusted quite deeply.

Currently, many people believe that we are in a similar situation to 2019, 2020: This scenario is an adjustment scenario, indicating that BTC reached its peak in October. The next article will guide you on this scenario.