The biggest news today is Open USD. At first, I thought the drop in bitcoin:native was related to this information, but upon closer inspection, Bitcoin's main drop occurred an hour before this news. Moreover, today was a good day for US stocks, while Bitcoin experienced a drop of over 3%, and there wasn't any bearish information, making the drop somewhat inexplicable. However, today a dual currency opened at $59,000 and should be able to transact tomorrow.
I suddenly remembered that I've been saying for the past two years that cryptocurrencies are in a rebound phase and have not yet entered a complete reversal. Before, there were always friends who thought otherwise, but now everyone says it’s a bear market. From a macro perspective, we still have not entered the reversal phase, and we haven't even seen the final drop yet. It's unclear whether the US can enter a recession.
As for where Bitcoin can drop next, I don't know. However, my years of experience tell me that buying more as it drops is the right strategy. My current average cost is still below $MSTR, thanks to my continued purchases over the past few years. It's quite interesting; I remember back in 2023, I told everyone to buy at $28,000 and in 2024, I urged everyone to buy at $43,000. I bought both and still hold them now.
I remember when it hit $100,000, I said I couldn't keep up and that the price was too high, but when it started falling from $100,000, I gradually bought more, and I bought at $59,000. If it continues to drop, I will keep buying. Over the past few years, I have used about half of my profits to buy Bitcoin.
Today, a friend asked me if I still think 2028 will be a bull market, and my answer remains the same. I mentioned this back in 2025; my goal is the end of 2028. Everything I’m doing now is to accumulate assets for that goal.
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