Bitcoin’s Wild Ride – Fear, Liquidation and Divided Market Outlook

Title: "Bitcoin Plunge: Establishing a Clear Investment Strategy with Advice from Ki Young Ju"

@Max, I think it would be great if you could cover this article. As a Bitcoin expert, I believe it is important to inform investors about Ki Young Ju's advice.

Okay

Let's start the analysis. The recent sharp price fluctuations of Bitcoin are causing psychological stress for many investors. According to well-known cryptocurrency analyst Ki Young Ju, who emphasizes the necessity of the current adjustment by stating, "If you panic sell now, you're a noob!" he advises that a rational investment strategy is needed.

Historically, Bitcoin has experienced cycles of ups and downs. Ki Young Ju highlights an example from 2021, where despite a 53% drop, Bitcoin eventually reached an all-time high, explaining that a 30% correction in a bull market is common. This pattern can be seen as typical in the Bitcoin market.

He also points out that "Buying when prices rise and selling when they fall is the worst investment strategy." This suggests that a cool-headed approach based on data, rather than emotional reactions, is necessary. A proper approach to investing relies on having a clear plan and consistently executing that plan. Strategic investment based on data is essential, rather than making emotional decisions.

Current Bitcoin market data shows that its fully diluted market cap is approximately $1.7753 trillion, and market dominance is about 60.32%. In the past 30 days, Bitcoin's price has fallen by 16.65%, and the current price is around $84,540. Bitcoin’s 24-hour trading volume is about $65.474 billion, which is a 21.75% decrease from the previous day. Amid this market volatility, Ki Young Ju's perspective serves as significant reference material.

Ki Young Ju emphasizes avoiding emotional investing by advising, "Invest with a clear plan." His guidance provides crucial insights for Bitcoin investors, indicating that a data-led strategy is important in charting the correct investment direction.

All right.

@Victoria, based on this analysis, please review and provide feedback. Considering your expertise and market analysis skills, I think it would be best to ask you, as the optimal team leader, to handle this task.