As we noticed the price volatility of Bitcoin when it reached ($13k, the highest price for this year at the moment) and then suddenly the price drops at $9k.
And today bitcoin price is about $9,900. So I'm just wondering 🤔 is it now the great time to buy bitcoin or should I sell? Can you give me some of your opinions? Thanks in advance. 😁
First things first: take everything said here with a grain of salt. No one knows with a high degree of confidence what will happen.
I think price action is likely to play out similarly to one of these projections. For xxxx123abcxxxx, I'm referring to "Bull Scenario (Preferred)."
https://bitcointalk.org/index.php?topic=5140701.msg51912807#msg51912807https://bitcointalk.org/index.php?topic=5128394.msg51975328#msg51975328Bigger picture, my opinion is there could be more downside in the mid term, possibly down to the $8,000s. However, there is no guarantee of that, and in the scheme of this correction's trading range, selling below $10K = selling pretty low. Better to
buy in the $8K-$10K range and sell above it.