Over the past 30 days, the Bitcoin market has recorded a growth of more than 35.0%. On November 6, the market surpassed its previous all-time high of $73,000. And currently, the Bitcoin price is still nearly 30.95% higher than its ATH in mid-March. Recently, from November 23 to 26, the market saw a 6.92% drop - the first major correction since November 5.

The question on the minds of Bitcoin enthusiasts today is: 'Is it too late to get into BTC?' Let's analyze the situation and find out the best strategies that investors can consider at this stage. Ready?

Bitcoin Bull-Bear Market Cycle Indicator: What Does It Say?

CryptoQuant's Bitcoin Bull-Bear Market Cycle indicator shows that the BTC market has not yet reached the Extreme Bull phase. This shows that there is still much room for growth in the Bitcoin market.

Bitcoin's Historic Drop During Bull Market

The BTC market has often experienced corrections during bull runs. During the 2017 bull run, the market experienced a drop of nearly 22%. In 2021, the market has seen corrections of at least 10% to 30%. This year, the market has experienced corrections of 15% to 20%.


Experienced traders see corrections as an opportunity to enter the market at lower prices.

BTC Buying Strategy Using Actual Price of Short Term Holders

CryptoQuant experts recommend buying BTC on the Average Cost Basis of Short-Term Holders. The reason behind this recommendation is that the Actual Price of Short-Term Holders acts as an important support level during bull runs.

Opportunity to Buy BTC From Open Interest Dump

Rising prices attract speculative bets, increasing open interest. Experts point out that when speculative positions are liquidated, prices often fall, creating buying opportunities for investors.


Analyzing Bitcoin Net Buyer Volume to Find Entry Points

The Bitcoin Net Buyer Volume (24HMA) chart shows that the Net Buyer Volume index is still below $30,000,000. Experts note that a Net Buyer Volume below $30 million signals peak selling pressure. They consider this a golden time to enter the BTC market, as they believe this creates room for a possible price recovery.

In short, Bitcoin's bull market offers both growth potential and strategic entry points.