🚀 Bitcoin's Wild Ride: From Soaring Heights to Strategic Dips! 🚀

Bitcoin recently dazzled the crypto world, soaring from under $70,000 to nearly $100,000 post-US elections. But just as quickly, it faced a sharp $6,000 dip, leaving investors buzzing!

🔍 Analysts had warned of a pullback, citing profit-taking by Short-Term Holders and rising FOMO levels. The Fear and Greed Index was deep in 'greed', echoing Buffett's advice to be cautious when others are greedy.

📊 Yet, on-chain data suggests the bull market is still alive! Metrics like MVRV and NUPL indicate upward potential, with whales continuing to buy BTC, signaling confidence in future gains. Keep an eye on those strategic accumulation periods! 🌟