What do you guys think? Bitcoin at 9400$ right know
You are the only capable to know if you can take the risks of buying at that price level. HODL purposes, yes that price level can be considered, but for short term or taking advantage of the price swings, you need to perform well to take profits.
Just look at the bright side.
1) The same question is raised during the lowest point of bitcoin price coming from its ATH which is $3,000+. Others still wait for much more dip but it didn't happen. After that, no choice but to take the price at above it.
2) Over a year bearish market is a good period to test how strong bitcoin's foundation is. Just look at what happened after the hard bearish trend, bitcoin is able to recover meaning even during the blood days, some remain positive and their patience now is being paid off.