Bitcoin is currently trading at a good price and now is a good opportunity to enter the world of Bitcoin. If you've not bought bitcoins yet, this might be your best opportunity this year.
Bitcoin is currently trading at $ 34,493 and the bear market is coming to an end. Also, another good thing that will definitely affect the price of bitcoin is halving.
Big investors! One of the main reasons why the price of Bitcoin does not fall much is the presence of large investors. These investors do not allow the Bitcoin price sink lower.
Bitcoin price is not encouraging to buy, by this time because buying is at risky because the falling of bitcoin can continue till next year without having signs of appreciation. People who is advising buyers of cryptocurrency to buy now as opportunity i will say it's not an opportunity because the probability of any coin you buy can slash to zero or lose a good values. Any time you buy cryptocurrency or any coin it is a risk when buy any coin.
Well, its uncertain if the price of Bitcoin will decrease further. Many speculated that it can happen so they're waiting for that before they buy to avoid losses but we cant really predict if it will going to happen or the price might recover consistently since anything is possible when it comes to Bitcoin's movement.
Anyway, the current price is still cheap if we're going to compare it for the past months, thus its fine to buy especially if you plan to hold for long term. Of course its risky because we dont know what could be the next movement right after you buy, but as long as you're not selling and willing to wait for the right time to take profit then you wont lose anything. Its only the price that turn downward but not the amount of Bitcoin that you hold.