$BTC

The US financial market is red after the signal that the FED may stop cutting interest rates in December. This has greatly affected the growth rate of BTC in recent days. Partly because many investors think that BTC can be seen as a type of technology stock similar to the Nasdaq index (down 2.24%).

ETF funds have temporarily stopped injecting more money, some funds have taken profit, partly creating conditions for bad news about a deep correction to appear.

However, BTC is still performing well in the price range of 88~91k, which is not a low price.

Looking at the long-term chart, we can see that BTC will still maintain its growth momentum in the last month of the growth quarter at the end of 2024, waiting for upcoming optimistic information from the US government.

Now is a good time for those who are new to the market to average the purchase price with a low position. If you buy at 88k, you will be 93k ~ 5k profit away from the current peak.

I have written an article on how to buy BTC at a high price but still make a profit. Those who want to find a long-term investment path and accompany the market can read it on my wall because it is free.

And you. Do you think this is a risk or an opportunity?

"BTC always gives you a long time to accumulate."