Current situation, all crypto has been dumped hard 70% to 95%, and all this crypto in the support area and oversold. So its times to buy it and hold in medium term until the price going to the top price again. Dont make the same mistake and avoid FOMO and greedy.
The current status indeed was nothings new price has not surges from previous months. Good to have btc while price was low. Hold until we see a rising ahead on btc price.
Currently, price shows the same low market as it has been going on since the beginning of this year so situations are not changes yet and still we have price in 6k figure. The current price is 6390 US dollar and one can start buying coins as much as he can because this is low price availability if you even noticed previous price movements of Bitcoin; the highest price and normal price, you will see that current time is best to buy.
Unfortunately, most people do not even know why they are buying, let alone know whether a particular period is the best time to be buying or not. It is always very funny to get to hear what a lot of people generally think and you will find out that what a lot of people tend to settle for easily is a market that is already moving up and that is just basically gives them hope and it is not even the long term that matters to them, which is why they tend to make the worst decisions eventually. What is going on in the market now is the market giving everyone who missed last year, to still have the chance to be getting in now.