The only wise thing a newbie should do is to stop speculating about the price and focus on investing using the DCA method or now the price range is still reasonable for investment before it is too late.
They are speculating because the US election is around the corner and from indication, Trump is winning this one and since he is a crypto advocator, we will see a mad run up for Bitcoin price but my fear is that this run is too expected just like the Bitcoin ETF, it didn't go well despite all the force. Alot of folks were shilling this Market to enter bull run and Bitcoin to make a new all time high but at the end, the price was later exhausted of the run.
Whatever the outcome that we later have from this market, I know for sure that it will one day lead to salvation and that 100k will be a thing of the past just like how 20k was seen as a barrier back then, don't expect much but be anticipated for good things later. Bitcoin price will do well and if you are going to hold, do it with the amount you may not need anytime soon to avoid disappointments especially the need for emergency funds.
Market is really that highly speculative and for you to be able to avoid such disappointments then it will really be better that you should really be that versatile on whatever the results of your analysis would really be turning out. There would really be those people who would really be ending up that they will really be that too optimistic whenever they do see out those positive news on which you cant really be able to avoid on not to think up with. There are really just that those individuals who would really be that not having no good when making up outright decisions basing up on what they are seeing.