Should I buy now or wait a little longer? A blogger has analyzed that the price may drop to $60,000 this week.
Nobody can accurately predict what the price of Bitcoin will be in the future, we can only speculate on the short term and it is not a guarantee that it will be correct. Any blogger that is analyzing about what the price of Bitcoin will be at anytime is merely speculating and you shouldn't take what they say to be fact, you can listen to them but make your own decisions. From my research on Bitcoin, it is a long term investment and people who hodl it should not focus on short term price analysis, they should buy, hodl and wait for as long as it will take for price to increase. That is why I think that DCA is the best method to buy Bitcoin, not minding whether the price will dip further because it will rally and skyrocket.