Is there first if bitcoin Will incur rise? After a few weeks of downtrend, is this a good time to add investment to bitcoin?
It's right on the dip, or still There will be a second, third or even worse dip?
Give your opinion on this.
Thanks
I don't think the huge dip will occur again.Every year June month , there will be huge raise in price.This is best time to buy bitcoin at 7000$ range.Once it increases above 8000$,we can't able to buy at 7000$ mark.Use the chance wisely to shine in trading.This is next chance for the people missed out last time.
The market is even showing a potential change in trend already and I believe anyone who is going for a long term now should be in. We cannot say exactly if the bounce will occur immediately or if we are still going to see some little retrace backward, but it is a good bet for anyone who actually want to be stashing up now as the possibility of seeing some uptrend soon is kind of bright enough to see.
I still feel there is a possibility it will eventually go test the lower support line but anything can still happen and as it is anyway, it is not that far even from this current bounce, so buying here is still a good time unless we end up breaking that support line lower. The market is oversold, the buying momentum is rising and that shows the bulls are awake somehow, and the possibility of seeing some little bit of rise for a while is possible, but at least this is a pretty good buy for any one going long.