I think now is the right time to buy more bitcoin because the price is very low, but I think after a while bitcoin price will rise again and if we buy more now we cant make more money in the near future. What do yo think?
Yes.This is seems to be opportunity to buy huge Bitcoin at low price. I think the price of bitcoin will reach any peak in a week.Don't allow your bitcoin to be wasted at the low price.If you sell at low price,you will send him additional bitcoin for the same amount.For this reason many traders use to buy huge at low price.
I believe that this time is very dangerous if you buy bitcoin, you can see that bitcoin prices are showing signs of slowing down and slightly down when bitcoin price reached $ 6800. According to my analysis, this is a very strong resistance and so the bitcoin price could drop sharply at any time and so I believe you buy bitcoin at this time the risk will be very high.
You can see that Bitcoin prices have been continuously correcting and have moved sideways at the $ 6700 mark over the past few days, indicating that there is a very fierce struggle between the buy and sell sides. High bitcoin prices will be able to return to the $ 7700 mark. So, I think you can buy bitcoin at this time and only trade short term.