The cryptocurrency market is not in the best shape right now due to prolonged bearish movements. However, Bitcoin already fell below the strike price in November 2022 and then made a breakout, showing a move towards the low point as the profit ratio became higher than the loss ratio. Instead of gambling on short-term movements, it is worth making stable investments, watching market fluctuations on a broader scale.
For now, although the bottom of the market has already been passed, the price is still cheap and if BTC falls, it should be viewed from a buying point of view. This analysis is not a recommendation to buy or sell and contains the personal opinions of the author.