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$BTC update.
Price closed another week below 200 SMA.
This whole region is good for DCA strategy.
But if you consider a lump sum investment strategy (like I talked about in my latest video), then the area from 40k to 50k is the best area for that.
39.3k is the Fib retracement area where I will go all in if we get this price.
Kind reminder that $BTC can make a bearish retest even to the 80k region - to bull market support band before forming a final bottom.
TLDR: We are in the bear market, bellow previous cycle ATH and this is good time to accumulate $BTC .