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Seeking Alpha 2021-05-24 11:46:29

Bitcoin: Why I Am Buying This Dip

Bitcoin just went through a notable correction, as the world's most valuable digital asset dropped by about 55%.Also, Bitcoin is not alone, as the border digital asset segment went through a sharp selloff that culminated in a flash crash for many names.The fundamental factors attributable to the temporary unwind in prices may not pose a prolonged threat to Bitcoin and the broader digital asset segment.The recent meltdown carries the hallmark signs of a massive correction.Therefore, Bitcoin should recover and could return to making new highs soon.

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