In my opinion, right now is one of the best times to buy Bitcoin in the coming months. This last month has been playing out almost identical to the May sell-off. Macro factors are bullish. 10 year bond yield skyrocketing. FTX bids stacked to the max from $38,500 - $41,000. I said it at the end of July and I'll say it again now. Optimal buying opportunity at the moment for BTC.
Comment:
Retail bears were selling the bottom of July, then Sep, then Jan. 99% of the time you sell the bottom of a move holding support in a bull run, you will get absolutely wrecked. Anyone short a week ago was extremely fortunate.