The price is in continuous rise. Bitcoin price is close to $500 and halving is also gonna take place which at least gives a small increase in price. So we can expect $800 this year itself.
Im guessing it will reach $470 before end of this week and if it reaches $475 or $480 it will dump, because of the short traders.
This is the right time to buy bitcoins while its low.
My speculation too. Right now Im just buying every short dip as always and my usual doings. Yeah really hard to predict but somehow with my trading experience for a long time, Im able to ride the train with only short missed.