Should We Buy the Dip in Bitcoin? Expert Says ‘Don’t Catch a Falling Knife’!

Recent trade tensions between the US and China are causing volatility in the cryptocurrency market, especially Bitcoin. With prices falling rapidly due to escalating tariffs, former BBC reporter and crypto investor Glen Goodman offers his take on whether investors should buy the dip. Speaking with CoinDesk, Goodman explains that trying to buy during sudden price drops is risky, likened to trying to catch a falling knife. He advises waiting for market stability before taking any positions in Bitcoin. ‘It’s too early to say whether the bull market has ended,’ says Goodman, noting the strong upward trend seen since 2023. He cautions that while recent decline raises concerns about the uptrend continuing, the bear/bull case for Bitcoin will be evaluated in the coming days as clarity emerges.