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?
currently the price of Bitcoin has touched more than $ 30k and if you want to buy it,
my advice is just wait for a correction or maybe you can buy it gradually if you don't want to lose large amounts if this is a bulltrap,
don't be greedy if you have made a profit, sell and buy again keyika indeed bitcoin price correction again.
However this exemplifies the dangers of waiting, the OP had the opportunity to buy bitcoin for a price below 30k and now if they want to buy bitcoin they will have no other option but to pay more for it, now it is true that if they wait there may be a correction and they will be able to once again buy bitcoin below that price, however now they are depending on a fortuitous event for this to happen, so let this be a lesson for all of us, if we want to buy bitcoin then we need to do it and stop wasting any time as bitcoin could go up in value at any moment.