Bitcoin’s drop: A chance for retail investors to buy the dip? Here’s what experts say

economictimes.indiatimes.com:

After an impressive rally of over 81% in the last five months, Bitcoin is now in a consolidation phase. Analysts suggest this could be a natural breather before the next leg of the rally. «While macroeconomic data and rising tariffs have caused short-term volatility, promising developments in regulation and adoption, such as the SEC’s crypto task force and new ETFs awaiting approval, signal that there is a lot more steam left in this bull run,» said Edul Patel, Co-founder and CEO of Mudrex.

He suggests that retail investors should take advantage of this consolidation phase. «With Bitcoin holding strong at key support levels, market pullbacks offer opportunities for dollar-cost averaging,» he added.

However, not all experts are convinced that this is the right time to enter the market. «The current market conditions are marked by volatility, driven by macroeconomic factors and regulatory uncertainties. While some may view this dip as a buying opportunity, investors must conduct thorough research and assess their risk tolerance before making any decisions,» said Shivam Thakral, CEO of BuyUcoin. He emphasized that investing should align with individual financial goals rather than reacting emotionally to price movements.

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