Is It Too Late to Invest in Bitcoin? How to Calculate Your Entry Point in a Bull Market

Question

Over the past 30 days, the Bitcoin market has recorded a growth of more than 35.0%. On November 6, the market surpassed its previous all-time high of $73,000. Currently, the price of Bitcoin is still up nearly 30.95% from the ATH in mid-March. Recently, from November 23 to November 26, the market witnessed a 6.92% decrease - the first major correction since November 5. The question that is making Bitcoin enthusiasts hesitate now is: 'Is it too late to join BTC'? Let's analyze the situation together and explore the best strategies that investors can consider at this stage. Are you ready? Bitcoin Market Cycle Indicator: What Does It Say? CryptoQuant's Bitcoin Bull-Bear Market Cycle indicator shows that the BTC market has not yet reached the Extreme Bull phase. This indicates that there is still room for growth in the Bitcoin market.

The Historic Decline of Bitcoin in the Rising Market The BTC market often experiences corrections during price increases. During the 2017 price increase, the market experienced a nearly 22% decrease. In 2021, the market has seen corrections ranging from at least 10% to 30%. This year, the market has undergone corrections from 15% to 20%.

Experienced traders view corrections as an opportunity to enter the market at a lower price. Buying BTC Strategy Using Short-Term Hodlers' Real Prices CryptoQuant experts advise you to buy BTC based on the average cost of short-term holders. The reason behind this recommendation is that the actual price of short-term holders serves as an important support level during price increases.

Opportunity to Buy BTC from Open Interest Dump Price increases attract speculative bets, driving up interest rates. Experts point out that when speculative positions are liquidated, prices usually fall, creating buying opportunities for investors.

Analyze the volume of Bitcoin buyers to find an entry point The Bitcoin Net Buyer Volume (24HMA) chart shows that the Net Buyer Volume index is still below 30,000,000 US dollars. Experts note that a Net Buyer Volume below 30 million US dollars signals selling pressure at the peak. They see this as a golden opportunity to enter the BTC market, believing that it creates room for potential price recovery.

In short, the rising market of Bitcoin brings both growth potential and entry points into the strategy.