Bitcoin’s volatility is at record lows, which has often signaled a major move coming, but the direction remains unclear. Some expect a breakout, others fear a fake-out.
With uncertainty ahead, is now the right time to buy, or is the market setting a trap? Are we on the verge of a new rally or another brutal correction?
The price of bitcoin is very volatile its price can drop at any time and even go down significantly. Therefore you should be aware of its risks before buying bitcoin. Despite the uncertainty bitcoin is definitely a good currency for investment and the price of bitcoin is constantly increasing. Its price has increased a lot in the last few years and is expected to increase further in the future. Therefore buying bitcoin now has the potential to be profitable in the future. But before buying bitcoin you should consider your own financial situation.