### Bitcoin is Dropping! What Should You Do?

Hey everyone, it's been a while. I hope you're all doing well. Recently, we've seen the price of Bitcoin ($BTC) fall significantly, leaving many to wonder what's going on.

"We thought this was the bull year," and "Experts said the bull run comes after the halving." So, what's really happening?

Let me explain: Bitcoin is currently in a strong cycle and a critical phase. The highest resistance point has been its all-time high (ATH), where bears typically make significant profits. Bitcoin is undoubtedly profitable, but only strategic positions yield gains.

Right now, bears are overtaking bulls. Many people have lost faith in the crypto market because it’s always a gamble. The key is to calculate and manage your losses, though I don't generally advise focusing on losses. Remember, it’s neither a profit nor a loss until you sell.

Do what's best for you. The most crucial thing is to always have funds to buy the dip and average out your investment. Dollar-cost averaging (DCA) into buying back the bottom can be a good strategy. Bitcoin controls the market, so it’s wise to use it as a guide when making trading decisions on any crypto asset.

Hopefully, by the end of the year, the bulls will be strong, and the market will rise. Don't panic sell; that’s never a good idea. We’re at a critical support level now. If it goes lower, continue to DCA. There's a high chance you’ll average well.

Stay calm and strategic!

#BinanceTurns7 #SOFR_Spike #US_Job_Market_Slowdown #MtGoxJulyRepayments #ETH_ETFs_Approval_Predictions