We will never know if Bitcoin will continue to rise or will correct. Since the introduction of Bitcoin EFT, Bitcoin's price path is extremely unpredictable, this year's cycle may be very different from previous cycles. What will we do if Bitcoin continues to go up and then corrects, then the adjusted price will be close to the price now? So for me personally, buying Bitcoin now with a longer view means the current price is not too high to own Bitcoin. If we hesitate, we may miss an entire bull cycle ahead because with the recent moves of large organizations, I think the upcoming growth cycle will be extremely crazy when the cash flow Pouring into this market is huge.
This is not something new, even when Bitcoin touched 100$ people start saying that it's now too late to buy Bitcoin. Today Bitcoin is at 50k and this looks a very high price but we don't know what price Bitcoin will take in coming one or two years. From here Bitcoin might go to 100k or back to 20k, nothing is guaranteed. If you are a long term investor then its never too late to enter into Bitcoin that's what we have learned from Bitcoin price history i.e. price has gone up with time.