Bitcoin plummets 24% in one month... a chance to buy at the bottom has arrived

Bitcoin (BTC) has plummeted 24% in the month since hitting an all-time high, with its market capitalization falling sharply and exchange-traded funds (ETFs) losing money for six consecutive trading days.
On the 27th, CoinMarketCap reported that Bitcoin's market capitalization was $1.681 trillion, down about 19% from the previous month.
Bitcoin's market capitalization ranking has dropped from 6th to 10th. The Bitcoin spot ETF has also seen outflows of funds for six consecutive trading days. On the 26th alone, 100,000 units of the Bitcoin spot ETF were withdrawn.
A massive outflow of $1.1389 billion occurred. As the price of Bitcoin plummeted, some investors saw this as an opportunity to buy at the bottom.
Cryptoquant CEO Juk Jukyung said, "If you are panic selling right now,
"I'm a beginner," he said, "30% corrections are common in Bitcoin bull markets." He continued, "Buying when the price goes up and selling when it goes down is the worst investment strategy."
"You have to make a proper plan and invest," he said. Andre Dragos, head of European research at Bitwise, said, "Looking at the price trends after the last Bitcoin halving,
"The bull market is not over yet," he said. Cryptocurrency analyst Tur Demister also said, "Currently, the amount of Bitcoin held by listed companies is steadily increasing, and institutional investment is on the rise.
"Investor activity is brisk," he said, emphasizing that "there is no need to get too excited or upset about the movement of Bitcoin prices."