Don’t measure movement in crypto by purely crypto types of analysis.
It is gone. As Black Rock and major funds joined the market, it behaves now very much as any other dollar alternative.
Today’s $BTC move was triggered by the unemployment rate in the USA. Same trigger that moves gold. Or any other « safe » and « deflationary » asset.
We are entering an era of a traditional market for the #BTC . There is a very good chance this asset will drive more and more attention as traditional markets are on a verge of a crash (such as heavily refinanced real estate)
I DCA heavily on each dip. But that’s not an investment advice. Just my personal choice