At this time it is suitable to buy bitcoin, considering there is a correction that occurs in a few days, but in conditions like this we can take advantage of short-term investment patterns
I am not sure if it is a good time to buy Bitcoin since there is a rumor that Bitcoin possibly drops to $42k. In my personal opinion, if we want to buy Bitcoin, wait till the Bitcoin drop below $45k. Considering the current price is around $48k, better to keep waiting and learn how the possible market trend in the future. Honestly, I stop buying now, I assume it is too risky buying Bitcoin with the current market condition.
Well if that is the case then bitcoin will be very cheap again.
However, I doubt that it will drop to $42k, the support along the $45k is strong, unless there is really a news that will test the market again to the near $40k'ish level. It's going to be scary, but hey if you are here for the long term then it's a great advantage to see the price very cheap and at a discount.
On the contrary, this is December and history a good month for us to rally and see the price going up.
If this is the case I agree, it is impossible for bitcoin to go down at that price, because there is no big reason that could affect it at this time, even in December bitcoin usually rises in the last few years, I think this is bullish running the pattern early next year, so people panic to sell some existing bitcoins, in the end investors are profiting massively, from the proceeds of buying bitcoins from panicked people, hopefully not!