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.
yes you are right if you have a lot of capital this is a very good moment to buy as much bitcoin or coin as you can because now the price of all coin is going down very sharply.
I agree with you. this is a good opportunity to buy bitcoin before the price goes back above $ 10k or $ 11k. the current price may be just the preparation to move on to the next stage.