Bitcoin was in free fall yesterday and I'm buying..
In this market commentary, the speaker observes that Bitcoin is experiencing a sharp price decline, describing it as a "freefall" with corrections of 55‑60%. He notes the current price around $63,000 and references the 200‑week moving average near $58,000 as a benchmark for long‑term value. Emphasizing a disciplined approach, he explains that he is dollar‑cost averaging (DCA) into Bitcoin at levels below $70,000, targeting the $58k‑$70k range while cautioning against allocating all cash at once. He acknowledges the likelihood of further downside but argues that the unwinding of leverage and the resulting "blood in the streets" create attractive entry points for sophisticated investors willing to accept risk. Looking ahead to 2026, he anticipates improved liquidity, clearer regulation, and greater credibility for Bitcoin, which he believes will support a continued upward cycle. He stresses that he cannot predict market bottoms or tops, but accumulating over the coming months within the identified range could be a favorable long‑term strategy.
