Investors are showing renewed interest in Bitcoin, purchasing the cryptocurrency at approximately $110,000 amid market fluctuations. This trend reflects a common strategy known as “buying the dip.” Buying the dip involves acquiring assets after a price decline, in anticipation of future price recovery. Analysts suggest that this could indicate confidence in Bitcoin’s long-term potential despite current volatility. Market participants have been observing price movements closely, signaling a possible shift in sentiment within the investment community.
