Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.
It should depends on you if you think current price is interesting enough why not try, people will always make prediction but the truth is they know nothing, the market is entirely abstract, technical analysis can help but it could be wrong too.
honestly though if you are that kind of person who have money lying around and really don't have use for it you can just invest using that, a money that's not needed is the best to be used for investment, if things goes south and market tanked, you won't worry too much since what you need to do literally just wait it out.
the previous ATH buyer if they are patient enough and can hold already making good profit right now, so it really is just game of patience.
on the other hand if you invest for short term, current situation might be rather turbulence, so many uncertainty, there are many people on the lookout right now afraid of getting their long/short squeezed.
but i'm just gonna say that, those big investment companies are buying bitcoin by the thousand, they definitely know something good with bitcoin might come. but then again, its not a guarantee.
When it comes to buying and selling then it would really be that indeed according into someones analysis and preference or decisions to be made up. Each one of us would really be having that kind of different
technical analysis and fundamentals mixed up on which we would really be having those points of entries or exits, but since we are talking about the current drop and tending to DCA or making some
entry hten it would really be up to you. If we do tend to look at on how deep the price had gone down then it is really just that like an ordinary day here on crypto space. People are really just that
too easy to have that kind of panic on seeing that the market would really be that in read. They are really just trying to chase when candle is already green.
If you are that wise when it comes to maximum profitability without needing on holding up for too long then you would really be that definitely be considering out on making some entry on 64k point.
Trying out to look about the support on which it hasnt been that broken yet and its really that holding up with this level, not unless if there would really be some sort of follow up
fundamentals then it could really drop even more but well we arent seeing something but we can at least expect that there would really be some sort of unexpected things to happen.