Bitcoin hit an intermediate-term bottom during the SEC and CFTC hearing. If youre new to cryptocurrencies, the volatility can be unnerving. But keep in mind its normal as the industry goes. This was the 13th decline of 30% or more in the last five years.
Now is a great time to buy bitcoin. Its trading close to its 200-day moving average, which has historically been a good buy point.
Indeed now is a good time to buy, the current market is falling now. bitcoin price is on the 7k point.
the question is, will the market of cryptocurrency recover again same as last year ? every year crypto has a peak point at the end.
i hope this year too.