Bitcoin Price Drop Triggers 'Buy the Dip' Trend Amid ETF Speculation
Bitcoin's recent price decline, triggered by ETF-related uncertainties, led to a surge in 'buy the dip' sentiment on social media, raising concerns based on historical patterns.

Bitcoin's recent price decline, triggered by ETF-related uncertainties, led to a surge in 'buy the dip' sentiment on social media, raising concerns based on historical patterns.
BONK experiences a 12% dip amid Solana's retracement. Analysts caution of a potential slow bleed, emphasizing the impact of profit-taking on Solana and its ecosystem tokens. While BONK remains the third-largest by market cap, emerging contenders like CorgiAI pose a threat. Despite recent surges, BONK has lost over half its value since its all-time high in December. Analyst Nebraskagooner warns of ongoing uncertainty, urging vigilance among investors.
'Buy the dip' calls were declining but still dominated the market amid fading interest.
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While institutional bitcoin products have seen outflows in 13 of the past 17 weeks, they have now seen inflows for three consecutive weeks.