Post
Topic
Board Speculation
Re: When to buy more? wait till 6000 or 5500?
by
andrei56
on 06/07/2018, 02:45:41 UTC
Technical data hints that it can go down to 6000 or 5500 level.
What do you think?
That depends on only one factor, are you willing to wait for the day when bitcoin reaches 5500? Bitcoin was close to that price some days ago but I do not think it touched it and the reason is there is a very strong resistance point at 6000, so unless you are completely determined to get the best possible price for your bitcoin I think it is a good idea to buy right now especially if you are going to hold for the long term.