I don't trade Bitcoin but I want to buy some to invest altcoin . I missed opportunity at 6k because I waited for 4k .
Do you thing Bitcoin still in large downtrend ? 4k is possible ? Anyone with a good skill of forecast can help me compose my mind please. Thank you.
It's definitely not in a downtrend.
The pullback was over ages ago. If anything, price is moving without a general direction right now. There is absolutely nothing to worry about. Accuracy of forecasts are generally very inaccurate, but I think that we may see $15k soon.
Buying is about what your objective is... If you want to make a short term trade, wait till when price drops to $7k again and then by for the recovery up to $10k. That should make you a fair amount of profit. Investing now to ride it up to $12k wouldn't be a bad idea either. Obviously could go either way, though.