So is this a good time to buy some bitcoins?
I bought some the other day on the way down to 450.
Long-term, most people are still bullish. I'm expecting some modest gains in time for summer myself.
yeah I bought some at 560 USD thinking to myself -

what a bargain

, but now I see I could have waited a little longer...
But the thing is, no matter what you buy there is never the perfect moment, there are always ups and downs ahead....