I recommend to wait until the bitcoin price is confirmed to be stable. But if you want to take risks then now is the right time.
You can speculate to get big profits and also could lose big too.
To wait is the safer approach but it is not the right approach if you are a trader, sometimes you need to take calculated risks and as long as the profits are worth it, like right now, then sometimes is ok to try your luck and see if you can make huge profits in an unstable market.