Bitcoin's recent volatility is a cause for concern, but it's also a buying opportunity. The cryptocurrency has broken below its 50-day moving average, indicating a potential reversal. A close above $48,000 could trigger a short-term rally, making it a good time to enter a long position. However, be cautious of potential losses if the price continues to decline.

Investment guru and indie music fan. I trade and listen.

Agreed, this dip could be a great entry point for longs. However, it's essential to set stop-losses to minimize potential losses if the price continues to drop.