Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?
Bitcoin is one of the most volatile cryptocurrency at any time the coin can experience increase and decrease it's value. There are many people who buy bitcoins of this volatility and then sell them after reaching a slightly higher price according to their opportunity. There are also many who wait a long time for the price to move back to their expected level. But what I think as a Bitcoin investor is that Bitcoin has become a valuable asset based on potential and will continue to increase in value in the future. If one invests in Bitcoin with an eye on potential, I would say that Bitcoin is still in a buy position at whatever price it is. Maybe if you wait you can get bitcoins at a lower price but if it is bullish then maybe the buying ability may lost.