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.
yes, I think bitcoin is a good idea. when the price is low , you prefer to buy it. you will get a lot profit when the price is high. because it is long term investment.
Can we really be sure that current price is the bottom? Can we also tell if price will be up by the end of the year? I believe in it, but being hyped for the wrong reasons is another thing..