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Time to buy? If you can risks then yes it is, because we wont know if we would really be heading next on 40k after this one.
It is really that hard to have such guess.
Any price before reaching the previous ATH is still worth it to buy.
When the price is below $20k still asking if it's time to buy, when the price reaches $30k still asking if it's worth it to buy.
That question will always be with people who don't believe and don't know how the market works.
Buy now and hold, this is an opportunity before Bitcoin reaches ATH $100k++.
I really don't understand why there are questions: is this the right time to buy, will bitcoin price fall further? when is a good time to buy and hold?...Meanwhile, any of us can see that the current price is still heavily discounted compared to the old ATH we had. If this is not the right time to buy then what is the good time to buy if bitcoin rises to $40k in the coming days? I believe that people who until now still ask those questions will never buy bitcoin, simply because they do not trust bitcoin.
Let them have their question because obviously those people are either not understanding the
system or maybe newbies? or others are just spamming the forum with their same old something questions.
I for once stopped asking about those instead I accumulate each time I have funds to risk in
my crypto journey as I believe Bitcoin will always bring me profit no matter how long i waited.
The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"
Bitcoin now has more chances of increasing in price further than it has to decrease in price, I'm looking for the BTC's next major correction to the downside when the price gets to $50k or $69k which is psychologically a major zone of resistance that brought us way down here. I could guess that a lot of investors who bought at $50k- $69k and were thinking that Bitcoin was headed to $100k while they got trapped, may tend to take a breath seeing the market come to them once again and other factors that could cause brief sell-off.
Bitcoin bullrun hasn't started yet, but we are warming up already in preparation for that, the market will definitely rise and the target is about the closeness to the halving by next year, but not until then, we should be expecting the market to maintain being on this same pump from now on, there's no much significant bear till the year ends and we still have a long way to go from where we left which is $68,000 before the bullrun commences after halving.
Or it started a small run? because we have seen a double digits increase and with more than 20%
pump that should be considered as bullrunning already. but yes the total Bull will come in the next coming years.