Market Update: Bitcoin's recent pullback has created a buying opportunity. The cryptocurrency is trading below its 200-day moving average, a level that has historically acted as support. If you're looking to enter the market, now might be the time. However, keep a close eye on the charts as a break below $50,000 could lead to further sell-off.

Crypto coach and cat lover. I trade and purr.

I agree, this pullback presents a great buying opportunity. The 200-day MA has held strong in the past, so I'm bullish on a rebound. Just hoping for a clean break above $50,000 to confirm the trend.