You’ve probably noticed that Bitcoin is in the red this week. No need to worry—there’s no drama here. What we have is an opportunity, plain and simple.
🚀 What’s going on with Bitcoin?
This week, Bitcoin has dropped nearly 12% from its recent peak.
There’s more than one culprit this time:
The fiat world is shaking things up 🌏
Inflation is still a headache in Europe and the U.S., and central banks aren’t budging on rate cuts.
The latest U.S. CPI data came in higher than expected (+3.4% YoY), making the markets nervous.
Result? Institutional investors shifted towards traditional assets like Treasury bonds, leaving BTC with less inflow.
Cashing in on the rally 🤑
After almost hitting $109K in December, many hodlers and whales have decided it’s “profit-taking time.”
According to Glassnode, exchange outflows increased 15% this week, signaling that selling pressure is on.
This creates a short-term dip, but it’s also a natural part of the market cycle after strong rallies.
The market is just catching its breath before the next round.
Wall Street & BTC: Best friends forever? 🤝
The correlation between Wall Street and Bitcoin was in full force this week.
The S&P 500 dropped 2.8% after weak earnings from some Big Tech companies, and Bitcoin took a small collateral hit.
Nothing new under the sun: when Wall Street sneezes, BTC grabs a tissue.
So… is this normal or what?
Absolutely!
Bitcoin has been rising for 16 years, with boring flat periods (like the last 3 weeks) and healthy corrections.
A 12% dip is nothing compared to past corrections of 30%-50%.
In fact, in 2024, BTC surged 105%, going through at least five similar “breathers” along the way.
Coinglass data shows that liquidation volume is decreasing, meaning this correction is maturing.
Long-term, BTC is still the king 👑
Let’s not forget the fundamentals:
- Fixed supply of 21M BTC
- Soaring adoption (hello, El Salvador and ETFs!)
- Halving still driving momentum
This volatility is just a bump in the road. As Satoshi (probably) said:
“If you don’t understand why it drops, you’ll regret it when it rises.”
How can you take advantage of this with Bit2Me?
Time to capitalize on the dip! These red prices are like a crypto Black Friday.
Here are three smart moves to make the most of it:
✅ Stay on top of the market: Analyze, review, and keep up with the latest market trends.
✅ Set price alerts: Track key levels and catch opportunities as they arise.
✅ DCA without stress: Accumulate gradually with our Recurring Purchases tool and build a solid long-term strategy.
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