Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
Do you think it would be perfect to invest in Bitcoin now or should I wait for a few more days to get a good DIP?
I am actually very weak in analysis so I would like to know from your personal analysis that Bitcoin can go below 20k again?
Anything is possible in the market, we could dump further down than the current all time low Bitcoin reached few months back or we could keep going up because the market just yesterday touched a new all time high of $30k. It doesn't really make how the market goes but don't think anybody here can predict accurately the outcome, everybody's guess is just as good as yours.
What you should do is just invest now and keep holdings until the next bull market comes. The market might dump or pump before the next Bitcoin halving comes but that doesn't matter because by the end of next bull cycle, you should be in profit for investing in Bitcoin today.