Bitcoin falls below $120,000. Is now the time to buy?

Market Analysis & Trends - Bitcoin experienced a price surge due to liquidations of short positions in the cryptonative market, with nearly $2 billion in perpetual futures liquidations on July 10th [3][6] - The dollar's weakness in the first six months of the year has contributed to Bitcoin and gold being seen as stores of value [10] - Inflows into US Bitcoin and Ether ETFs have been notable, indicating strong demand [8] - There are $200 billion in investable crypto-linked products in the traditional space, representing approximately 12% of the total crypto market cap [7] Regulatory & Adoption - Congressional discussions around crypto, particularly regarding regulatory clarity, are driving renewed hope in the market, benefiting Ether and other layer-one blockchains [11][12] - Increased mainstream education and adoption are occurring as treasury companies hold Bitcoin and more people learn about Bitcoin ETFs for portfolio diversification [10] Investment Strategy - Investors are encouraged to broaden their horizons beyond Bitcoin and consider diversified index funds like the Coindesk 20 index [15][16] - Demand for crypto is strong and durable, making it a relatively safe investment [14]