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?
If you still have not bought by now , then I guess you must be regretting any where ever you are.
Bitcoin is currently a little above $30,000, and I believe its not late to buy even at this price, as long you are not buying and holding for the short term.
And whether bitcoin will go down again below $20,000, I am not going to say it's impossible, but to be honest, the chances of this happening at this time is very slim.