This year is very bad for bitcoin so far because the price dipped about $14000 and thousands of investors lost their money. Now they are waiting for increase in the price so that they would be able to recover their deficits. They will have to wait for long time because the price is still below $7000 and it will take to regain its previous peak. For new investors it is best time for investment.
Well the price has briefly recovered to $6500 from around $6300. So I guess investors are bottom fishing. It won't soar though till members of the general public are tempted back in, and that might take a while.
Price today is very good and we saw increase about $1000 in last two days. Two days before the price was about $6200 and today it is more than $7300.It means that now the price is on the way up and if this growth continuous for some time, it will recover all deficits. To see this growth more and more people will invest in bitcoin and the price will grow more.