Bitcoin Dip - Buying Opportunity

https://cointelegraph.com/news/bitcoin-price-relief-move-to-47k-pushes-btc-below-stock-to-flow-trajectory

This recent correction in Bitcoin in my view presents opportunity. I bought a bit at $48K and would be buying aggressively under$40K. I have held all of my positions and will be adding. On average Bitcoin's maximum annual drawdown is around -65%. We would need fall to $36K and it would still be considered perfectly average. So far these are only measured Fibonacci retracements.

As always this is just my non-professional opinion and should not be considered financial advice. All trading involves risk of loss and investment decisions should be discussed with a qualified broker.