buy on weakness

Buying Bitcoin on Bear-Market Dips — Expecting $50–60K in a Year

I’m talking about bear-market troughs. Like in 2022 when Bitcoin (BTC) hit around $20,000 and everyone started saying it was over and miners were switching off. I was convinced the bottom was near, so I allocated $5–7k per BTC and put those funds into a pool.

If the price gets pushed lower, I keep those bitcoins as a position. If it rebounds, I profit from the bounce. I expect that within a year or so BTC could trade around $50–60k, assuming market conditions permit.

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AI Analysis

The opinion references the 2022 bear market where Bitcoin briefly traded near $20k and sentiment turned deeply negative, including miner capitulation. That experience is used as the behavioral anchor ...

AI Recommendation

If you follow this buy-the-dip approach, formalize it with position sizing and risk limits. Determine a fixed allocation per dip (for example, fixed dollar amounts or a percentage of your crypto alloc...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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