BTC nothing changed from this morning still on support, but uncertainly since this is the last Friday of the month,we will see next week,it will be essential to see how the month closes tomorrow, but the short term scenario does not change because the price has fallen since the last three days. With a price of105k it can retest to 95k by next month.
I was thinking BTC will not go below $100k anytime soon because how it has stretched back last month, and even if it will trace back, I don’t expect it to go below $100k even though we have seen it come below $105k last week.
When talking about Bitcoin price and it volatile nature, anything can happen, it can go below the $100k mark or even continue it upward movement, for the past few days now the price of Bitcoin has range between $103k-$105k but their is a higher probability that if the war going on between Israel and Iran escalated more than it is right now, it's might dropped bellow $100k and even more.
Will this time be convenient for short-time traders to make big profit? Or it’s only for investors to buy and hold BTC?
But as for this, in my own opinion it all depends on your level of knowledge, if you actually knows how to trade, you can actually be trading and still be accumulating Bitcoin, their is no set rules that you can't do them both, but if you are not good in trading, I suggest that you just buy and hold.