Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?
And now it has reached 16k $, the possibility of a correction first, Bitcoin is currently in its resistance, if it breaks above so, the 20k $ possibility is real.
Bitcoin broke $165k and moving forward, it's inevitable correction simply close to occur. I'd be glad to blow past 20k USD but for now I’m waiting for a major correction. Smells like precisely 2017 again so prepared and calmly waiting.
Bitcoin just testing the new resistance level, but $16K isn't strong support yet, it can retrace back to $15,500 but not underneath $15K.
The best price probably around $16,6-$16,8K before a correction occurs, so the best time to buy for Op has passed since he mentioned the price was $13,500 then two days later it spike up to $15,900 and there is no sign it will fall below $14K levels anytime soon.