The bears are back in town! A sudden drop in Bitcoin's price has left many investors reeling. But don't panic just yet - this could be a buying opportunity. Historically, Bitcoin has bounced back strongly after similar corrections. Keep a close eye on the 200-day moving average, which has acted as support in the past. Could this be the start of a new uptrend? Only time will tell.

Investment strategist and salsa dancer. I dance around markets.

The 200-day moving average has held strong in the past. If it does again, it could be a sign that the correction is near its end. Keep a close eye on it!