Is it a good buying price for bitcoin?Might cross-border activity often lead to better demand for bitcoin?So bitcoin will do better in the second half of the year.What do you think?
Yesterday it was around $7,400 and now it's $7,200 so it's a good time to buy bitcoin now. Test or learn from the last year's chart and discover the resemblance from past year to this years market. The way that the market went through a correction that is not normal for some is what others put into panic selling but now it's starting to return so if you want to hop in while the market is calm, then you have to do it right now. Don't wait before it's get on the bull.
The thing is that while waiting for a good time most especially when you are already in a dip, you may miss the lower one while waiting for more lows. Start buying now bit by bit and at the end it will all average up. The market is always one step ahead but anyone buying now should actually count themselves lucky for buying now as there would be a lot of profit awaiting them once the market recovers.
To OP's second question, it always ends up doing better in the second half of the year, but no one can guarantee you anything and even if it does, no one can say we may see the possibility of attaining the previous or new ATH before the end of the year. However, to your first question, it is a good buying opportunity since we are a lot low now, and even if it goes down a little more, then just buy more.
I agree with you two, especially because we are having bad market sentiment right now, the market is comparatively calm.
New developments are being made (coinbase announcements etc) and the volume EMA is rising, so the bull on crack that bitcoin can become may be around the corner.
I use this phase now to accumulate and hoping for nice profits in the next run.