Yes, folks, the prices we're seeing are starting to look interesting again...
I'm not saying we're going to bounce from here... but it's worth starting to accumulate again at these prices, in my opinion.
I'm reactivating my weekly Bitcoin purchases, using DCA.
Again, I'm not saying we're at the bottom, although this support level is quite significant.
Most likely, we'll see the market break through it as if it were made of glass in the coming days or weeks.
Causes?
The geopolitical context shattered the "safe haven" narrative.
Bitcoin reached $82,000 in May, riding on the idea that it was an alternative to the dollar during times of war and inflation. But when conflicts truly escalate, institutional investors don't flee to crypto—they flee to gold, Treasury bonds, or cash. Bitcoin proved once again that when there's real fear, it's sold as a speculative asset, not bought as a safe haven.ETFs are amplifying the fall
The arrival of Bitcoin ETFs was a double-edged sword. They attracted institutional capital during the rise, but now that same capital can exit with a click. Massive outflows from ETFs trigger automatic sales of the underlying BTC, which pushes the price down, which in turn triggers more outflows... a rapidly self-reinforcing cycle.Leverage is making everything more violent
The crypto market operates with a brutal level of leverage. When BTC drops by 5%, stop-loss orders and forced liquidations push the drop to -10% or -15%. It's not necessarily that "a lot of people want to sell"—it's that the system forces those with leveraged long positions to sell. This explains why the movements are so abrupt and rapid compared to other assets.
There is no single culprit, but the combination of a broken narrative + institutional exits via ETFs + chain sell-offs is a perfect storm for a sharp fall in a short time.
If you already believe in Bitcoin for the long term, DCA in an environment of extreme fear makes historical sense.
But only with money you can afford not to touch for years and that you don't need for living expenses (the worst decision is to buy with money you'll later need and then sell in a panic at the worst possible moment).
DCA is often the best approach.
indeed, are you buying now?
Limit Order at 58k for BTC. Bought $MSTR for $115 yesterday
At this time, only those who have money have the option and are doing DCA because we don't have money anymore, we had invested all the money.
Or also, all those who knew how to sell when it was time to sell
I personally think that leverage is hurting crypto quite a bit. I think that is the rason why Saylor sold off BTC due to the loan payments. DCA does make sensee, and I do think BTC will just rebound when the next cycle hits.