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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