Skip to content

Bitcoin Experiences Fastest Drop in 4 Months... Buy the Dip?

Whilst analysts are busy praising themselves for "calling it", should you capitalise on Bitcoin's latest dip?

Photo by Léo Roza / Unsplash

Bitcoin has finally experienced a pullback in its meteoric rise, dropping more than 7% and marking its fastest drop in 4 months.

Smart aleck analysts who predict every outcome are flooding social media to parade their unhelpful "I told you so" hindsight hypothesis, whilst market participants are left in the dark about whether the dip is worth picking up. But fear not, crypto warrior, Blockhead is here to shine a light for you.

This post is for subscribers only

Subscribe

Already have an account? Sign In

Latest

What is the Fair Value of Bitcoin?

What is the Fair Value of Bitcoin?

According to two staff members of the European Central Bank, Bitcoin is still a harmful phenomenon with no inherent worth, even if it has been approved as an asset to be included in ETFs in the US. The OG cryptocurrency just crossed its two-year high today, sitting at $56,287

ETF Hype Pushes Ether to 2-Year Highs

ETF Hype Pushes Ether to 2-Year Highs

Anticipation for US spot crypto ETFs shifts focus to Ethereum, with investors eyeing Ether's outperformance over Bitcoin amid rising demand and potential legal challenges, despite regulatory hesitations and concerns over ecosystem centralization.