Is now a good opportunity to buy the dip for bitcoin?

After the US presidential election, Bitcoin recorded a 43.8% increase from the day before the election day (November 5) to the recent high. Due to the surge in cryptocurrency, interest in related stocks is rapidly increasing.

Bitcoin has corrected from its recent high this week, but it may find support above the 20-day moving average, presenting a potential opportunity for buying on dips.

The sharp rise in cryptocurrency prices can be attributed to short-term expectations of regulatory easing towards cryptocurrencies following Mr. Trump's election as President of the USA. In the medium to long term...Institutions have included cryptocurrency in their portfolios.This has been a major contributing factor to the rise.

For detailed explanations, please check the moomoo Securities app.within the 'education' section.Institutions are preparing dedicated content on why they invest in cryptocurrency and the differences in tax treatment between cryptocurrency investment and stock investment in Japan.For more details, please refer to this link ↑↑↑↑↑.in Japan.

On this occasion, those who are starting to consider incorporating cryptocurrency-related assets into their portfolios should definitely follow moomoo's official account for learning and obtain the latest investment information~!