Now the price of Bitcoin is at a very critical point and it is very difficult to decide between the possibility of going down and up. I think, it will attract new investors to Bitcoin some new news and developments are needed, I hope it will come soon.
Yeah the price hasn't seen a significant change, prices are up and down still in a small margin. but honestly I would not call it a critical position because the price occasionally increases even though it is small, maybe we will experience a high increase if some positive aspects come like trends and issues, and this year certainly positive issues will come, just wait!
But isn't it a good time to accumulate?
We're not in the critical position right now because the price seems to be stable @$3600 and there's no indication of an incoming drop.
But the bear still on the top of the market and we need to break those mental barriers like @$4k to be able to see some semblance of a bull run.
Thats hy I said we haven't reached a critical point yet, if possible the price could rise to $4k or $5k maybe a critical position could be there, because it would be a move between bearish to bullish, because basically people need a shock like price rise so they can back to buying bitcoin again