Ofcourse everybody gets a little anxious with this correction. But let's be honest, we needed a correction in this bullish market in the past two weeks.
Why is it time to buy?
- The weak hands are out and many 'stop-limit' orders have been triggered.
- The earlier corrections also were about 30 to 50% without any big news. Perhaps you remember the 5k was reached and it dropped back to 3k? And last month almost 8k was reached and it pulled back to around 5k?
- I'm pretty sure that the 10k barrier wouldn't be broken.
So if you can get your hands on some btc between 10-11k, I suggest you do it.
from my experience yes there is also a time to buy the bitcoin it's not too late but now a days the price of bitcoin is dropped suddenly very much but in few days also the price of bitcoin will increase so it is good time to buy the bitcoin and not wait for the future then there will be no chance of buying the bitcoin . Now a days the price of bitcoin is approx $10000-11000.
now bitcoin prices reached $15800, increasing since a few days ago had decreased the price, I hope this trend can continue, because a few weeks ago bitcoin prices had touched $17000, I think it's not a problem to buy at this time because the current price still under price some time ago, all you have to do is be patient after buying, or you want to wait until the price back down maybe wait until the price down to $14000,,