There's no better time to buy bitcoin right now when the bitcoin price is so scary because when it comes down to a large amount because your money is losing money.
As a investor of bitcoin, i think this month is the best time to buy a lot of bitcoin because for sure the value of bitcoin will just be stable at $6500 on the whole month of august so all of the investor should buy now and hold there bitcoin for long term.
I think that although bitcoin is at $ 6500, you can see that the market is in a bear market for a long time and that the bitcoin price will continue to drop sharply at any moment, so I believe At this point you should not buy bitcoin. I think you should wait to buy at $ 5800 as this is a very strong support level and bitcoin prices will be able to rebound.