Bitcoin Forum

The price of Bitcoin has been consistently trading between a range of ~$9300 and ~$13,000 consistently for the last two months.

There seems to be very strong support levels at the $9300 range, which we are not too far from.

I've done a bit of technical analysis (see video below) to briefly outline why I think the price of $9,300 (if we hit it) will represent an amazing buying opportunity.


Video here: https://youtu.be/1oQLG62wbyU (https://youtu.be/1oQLG62wbyU)


This is especially true when the price of Bitcoin over the next several years could be in the hundreds of thousands.

What are other people thinking? It would be great to get other Bitcoin trader's opinions on this.

Whether you agree, or especially if you disagree I'd love to hear your opinion.

This way we can learn and consider a different perspective.

For long term aspect then price wouldn't vary too much but somehow that price dip in 9300 is the best spot to accumulate cheaper coins and since

I'm doing shorts then I luckily buyback on 9400 and sold out 10100.The price now is going back to sub 10k which 9700 will be a good spot to buy in.

Well, that is a knowledgeable video presentation. That is true that time to time and over to the next several year's bitcoin will make expensive through the fact that the demand and supply will change and for sure the supply of bitcoin will lessen and the demand will moreover to adopt. Indeed yes, if you are short term trader this is the right time to buy since bitcoin having a short correction from $13k range drop to $9k plus and now showing up to $10k price in the market. And also there is new possible ATH coming on bitcoin price that will make the price surge into the market.

Yeah I think we could easily see a new ATH between now and May 2020, and if not then, certainly before May 2021.

2020 is the halving but why one year after? You mean the time it takes for the bulls to wear off? I think that peak is coming at or near the halving, perhaps a bit afterwards but not a whole year later.

I think that if you wait just a few days you'll buy BTC with 9.5k USD range, it's interesting
I'm happy because we are having this support of 10k at the moment, I already bought my BTC and have nothing in fiat, my only option is to hold right now

I'm just little worried about this news about a crisis in a near future

If you look at the chart the lowest price was $9,500 this month, so far the price was constantly declining for a couple of days. From $12,000 to $11,000 and now it has dropped again from $11,000 to $10,000 until $9,500.

I don't know why it is so sudden that the price dropped like this without breaking news, it must be a correction if I'm not wrong.

I think today is a great day to buy bitcoin, if you take a look to the price you will find it at $10,000, So, it could easily jump to $11k and give you an instant profit of %10 in a short time. So i would recommend you to buy btc today. It would be a wise move.

Even you can chase $12k for a 20% profit, i don't think it would take more than 2 weeks.

Others still doesn't see the opportunity that has come. They've kept on looking at the negative impact of this drop but they don't have the initiative to buy when the market seems to be bloody. While the market suffers, there are big players that keeps on accumulating.

They get medias and express on how bad the market is and tells their opinion to discourage most of the people to buy. But in reality, it's been found that they are silently accumulating over these periods.

When they saw a red number on the market instead of holding they are panicking, just like what happened in these few days when the price of bitcoin went down. Strong hands in this year will take profit when halving comes and perhaps that is near to happen. And that is right, now is the best and perfect time for us to reinvest in bitcoin as long as we can afford it and can hold for a long term or even a year. Bitcoin price now starting to recover the price and I guess we're good at a buying point.

Yeah, that's the normal reaction of most of the people who have invested lately. Their reaction was also our reaction before when we see the market isn't doing well. At least we're done with that part and have learned to become calm in every situation.

Everyone is looking forward for the positive effect of halving. I can't blame those folks that have surrendered and thought that this market can no longer do better. They also can't realize that just several months ago, we came from $3k.  :D

The price is way above $10,000 now. So if the you didn't take the opportunity when the price seems to be tanking at $9300-$9600 then it's a opportunity lost. That's why this market is really unpredictable and if you are too slow to react and take advantage of every dip to accumulate more Bitcoin then you have to strategized or at least learn from this mistakes. We are still in the period of accumulation and the price could really move next year. So again, take advantage of every buy signal and just rack up as many as you can.

For short term profiting buying Bitcoin is truly the right choice, but now the buying at a lower price point has been missed. The price fell low to $10000 and now it has bounced back crossing $10400. You could wait, there will be continuous price fluctuation as the market hasn't gained good support level to stay high.

Bitcoin gained value from $ 4000 to $ 13500 very quickly. Then we saw serious setbacks a few times. But I think it's time to go up again. I don't need to think about long-term investment. In the long run, Bitcoin is always profitable.
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Actually your right bitcoin is always profitable. But depends on the hodler's patience specially during the bear market and price is in the lower value as you said 4000$ and now gain quickly at 13500$ So nithing doubt bitcoin is profitable yes this is also aperfect time to buy and invest huge bitcoin before too late because I think the ATH is coming before end of this year.

I always say no to this question.
Because I know that a person with strong hands would not ask others such question.

For short, whoever asks this question is not prepared.

Yes indeed it is good time to buy now that instead of worrying that Bitcoin price is suddenly falling then why not consider it as an oppurtunity to buy cheapest Bitcoin? We should not missed this chance as Bitcoin price will just rise up suddenly too making you to regret it.

As it is projected that btc reaches last year hights again till the end of the year I cant see how it would be a bad investment. Anything around 9k-10k si smart money. If you are a short seller i suggest that you wait for that 9300 support as you said yourself.

When bitcoin price can touch $9k price level, then that means the perfect time to buy bitcoin, and I guess that we already have seen that before the price can back to $10k again. But although the price now has touched and back up to $10k, it still a good time to buy bitcoin because we never know if the bitcoin price will increase and hit more than $15k later. Perhaps, we could buy bitcoin in every time the price is down and we the red candle reach the lower price so we could get bitcoin at a low price.

But if the price of bitcoin didn't rise suddenly and it moved against what you said, going down suddenly, how would you handle it? You will suffer the loss of others or those who believe in you, they will take their own responsibility and suffer the loss on their side, the answer is probably that they should be responsible for themselves. They should even understand that this is a place where everyone is a competitor, so, to make money somewhere, we should try to mobilize ourselves to look for information, to identify everything, no one is more reliable than ourselves, the perfect time to buy bitcoin is up to each audience

With leg down on a daily chart I think we still have $8800-$7500 area if the chart follows the normal correction because the big boys in the market can do and undo to prevent this is a short while, but I think we are going that direction and long term holding is every time good to buy btc .

If you are asking me that then I would definitely tell you to buy now, there is no exact date to buy bitcoin, it is better to buy early that to just and wait for you to buy. 10 years from now you would not be regretting your decision of buying a Bitcoin now.

It has been seen before now that the bitcoin market had its resistance at the 10k range, and this said resistance, is gradually becoming a support range, because it has also been seen in recent times, that price has gone past the 10k value and back. So, putting this into consideration, i would say that now is actually a good time to buy.

THis so. Matter of how much you can stand supporting bitcoin?because this trend may last for some time since the consistency of ups and down is really active

I might say this is the perfect time for those who can afford to wait if ever their capital stocked on the value they bought or even become lower.

What is very important if some might buy bitcoin today is the willingness to keep holding even when worst case happen

It's never too late to buy Bitcoin but, as per the current market analysis it favorable time to buy BTC. Bitcoin is oscillating between the range of $9,300 and $13,000 from last that suggest it has found support somewhere near $9k and it will take a high jump to bloom green soon, therefore, as an investment point of view its a very good time to buy Bitcoin.

It depends if you really strongly believe that the price will rise to Over $12,000 again. If not, then at least hold it a little longer since it has a very high chance that it will rise again. Mostly at this price rate, it's not a good idea to buy some bitcoin. wait a little longer at least from $8000-$9000 the best price to buy Bitcoin again If you are some big investor.

Anyway, If the price stuck this high then you have nothing to worry about at least you are not losing your investment. Just wait for that perfect timing to sell your Bitcoin and don't be too greedy just remember the volatility of the price can sometimes fatal as it goes down like -$2000 with no warnings when some whales are dumping.

While halving is usually associated with the price growing, these two things are not causally related. Moreover, some expect that the World Economic Crisis is on its way, and in 2020 it will hit everyone hard. In that case, Bitcoin might fall along with other assets and take another year to recover. So spring 2021 sounds pretty realistic. Oh, not to mention that some think that Bitcoin is going to fall hard soon, that the bull run of Spring-Summer 2019 is almost over, and we are going to see something below $3k. So yeah, in that case, we are also not going to see Bitcoin rise in 2020.

Yup price of bitcoin frombthis year raise to $13k compare from last year running in low price.
For me best time to biy bitcoin im a low price like started in $9k only. Then hold your bitcoin until get into a high rate of bitcoin.We all know this kind of strategy and I believe thats the way how you will earn from this crypto.But well alao we have different set of mnd of how we decide of what you want to do.Its up to us to decide but thats mu opinion I buy in a low price.

the price dropped to $9750, it was a big price drop because it fell from $11000 to $9750. But let's look at everything as follows:

Imagine someone wants to buy to insure for 2 years, because that person would mind waiting for the price to fall to $9300? What difference would it make if this person bought now for $10,000 to hold for 2 years? I believe that if people are intend to buy to Hold for 2 years or more than 2 years, then it is okay buy now.

It is always a good time to buy Bitcoin. The price at which the coin is sitting right now is only ideal for investors to invest in the crypto. So far in 2019, Bitcoin has been swinging between $9300 and $13000.
Forecasters are expecting Bitcoin to hit an all-time high by the end of 2019 and it is good news for all those already invested and for those looking to invest in it. It has been a trend of Bitcoin to fall before it hits high again.
Some investors start panicking seeing the trade in red but those familiar with the movement of Bitcoin will hold till they make huge returns on their investments.

For over two months now, the price has been fluctuating at the range of 9,000 to 13,000 USD, which is good to invest when it get a $9,000 for  a long time and profitable to invest.

The price is still moving, better watch it for now.

There are a lot of things to consider when it comes to the perfect time, the problem is that there is no perfect timing since we don't really know what might happen, we might sell at the best part but that means it is based on our luck. We can still sell or buy at the right time but I don't think people would do that consistently with the volatility of Bitcoin.

Because of bitcoin is mostly unpredictable, its hard to say its a good or bad time to invest.people were still buyimg at 20k and selling at 3k.the best thing is buy and forget for couple years.

The perfect time to buy btc is normally on the time that it is low at price. I think it is more safe if we are going to wait than to invest in bitcoin today maybe it will drop down in the next few months from now. However we can still invests today but we need to be more patience in waiting.

Now is perfect time to buy if you want to be a long term holder because the holistic analysis of what expert are is that bitcoin value will be more than double of what it is today. And if you are short term trader then you should wait until the price drop below $10k then you buy and sell when it move above $10k in doing that consecutively you will make profit at the end.

It depends only on the person himself. If he is ready to start working with the cryptocurrencies, he will do it at any time. Moreover, Bitcoin is supposed to go up in the nearest 2 years. If you are ready to wait for it for long, do not have any doubts and invest in BTC.
If it happens that this crypto will fall, do not panic - simply go on holding it.

I am even still of the opinion right now that we could even deep lower than the $9300, and that would really be a very big chance for buying back, because of where the price of bitcoin is going to be in the next 2 months will be really an amazing one, so whatever dip we see now should also send signal to us as an opportunity to buy back.

Although not many people will have that opportunity to buy back though because of financial constraints, but for those that are still financially okay to buy back, there is nothing wrong in taking that risk, it is a risk that is really worth it and one that will make whoever took it really smiled, most especially those that are trading in a short term, they will always look for such dip to buy low and then sell high when they have profit.

Yeah the trick with Bitcoin is that many people are waiting for the price to fall so they can get in at a cheaper price.

But Bitcoin is just getting more and more expensive...

Which is why the time to get in is now..



By the way, excellent video OP, really good analysis of why to buy Bitcoin.

 I can Revise the topic instead of "Is now the perfect time to buy bitcoin" INTO "I'll Regret if i buy bitcoin Soon, as many millionaires are waving". 
There are so many questions like this is this the time? when is the time.? there are no exact time because crypto is so volatile and what makes it cool its because of the value, unlike real currency it only grows when the stock of the market of a ceratin country needs help..  most people since 2009 when bitcoin was created till now regrets every doubt that they say..

its risky to say but i think for a long time its always a good time to buy bitcoin.bitcoin will be similar to gold.beside the big corrections, trend will be up generally.and we are still at beginning.

Honestly, at this point in time, I wouldn't personally buy. I think due to hype, we may see a further dip and then maybe another climb. But that's honestly just my opinion.

It's better to buy now than it's hype peak (for obvious reasons)

It is having a hard time plunging back to 8k USD which will be lovable  for traders just so we could say there is really a bottom.
It is a risk for now.
10700 is the price and yet the slow movement is still happening.
About buying though, I would not recommend for it to be bought at this price. It could be a bait and something big will happen again.

Yes and No

No one can predict when is the right time to buy bitcoins. As it is highly volatile. At the time of writing the current market price for Bitcoin is $10,751. If by the end of 2019 the price hits 20k or more. Then buying at this price could result in high profits. Of course, it depends on the number of units you purchased as well.

But if you aren't lucky enough and buy bitcoins at the current market price. And the price drops back around 3k US Dollars or less. You'll end up losing your investment. This makes Bitcoin very interesting, exciting and scary at the same time.

Tip:- Do Not invest all of your cash in buying Bitcoins. Just invest that won't hurt you if you lost.

In this day, I don't advice you to buy bitcoin because the price now is at $10,764 and that will be too risky if you still want to buy bitcoin. We are in the increasing of the price, and if you want to buy, you need to wait for a while until the price can decrease for a while.

The trend now has changed, and we all can back to make a profit again, and we hope that this uptrend will not stop in just this price, but it will increase more, and break $11k.

The perfect time to buy is when the price was in $3,500 when bitcoin was in bearish trend then you can hodl it for up to six to twelve months.

Look at the price now compared to the price when in was in a very bearish trend?

If you ever have enough money left to buy bitcoin then do it now while the price is still in a little dip.

True.

Nobody can tell you exactly when is the perfect time for an investment. It all depends on when you buy and if you have patience enough to sell high.

More important than when you invest is to never panic sell and always try to respect the main rules in crypto: buy low, sell high and never invest more than you can afford to lose.

I still accumulate everytime Bitcoin drops below $10000, and for long-term view, I think this is the best time to buy Bitcoin, crypto winter is over

Well I have been in the cryptocurrency industry since a long time, and I believe that you can't time buying/investing in crypto. Unless you are a technical analysis expert, you can may be place a buying order and buy BTC 5-10% cheaper (since currently BTC is ranging between 9k-13k$).

You should invest some of your money in buying BTC, and/or you can also buy bitcoin with ethereum (https://coinswitch.co/coins/ethereum/ethereum-to-bitcoin) or any other altcoin you hold. BTC in longer run will always have a edge on other coins. This understanding will come from learning new concepts.

I got the opinion that you can make money on the growth of bitcoins after launching of one event. I think that the launch of Bitcoin Futures from Bakkt will have a boost for Bitcoin, and maybe it makes sense to buy Bitcoin in September

No one knows the best time to buy bitcoin. Just buy when you have the money.

Cheers!

It can be assumed that the bull rally ends and the bear season will begin soon. However, traders have several months to buy bitcoin and get some profit, however, you need to act incredibly carefully because a coin can suddenly crash

I think you can wait for a while because the bitcoin price now has down, but we don't know if the price will still down or not. You can prepare your money to buy bitcoin once the price gets a flash dump that might be happening in anytime so you can get bitcoin at a lower price. But be careful because that will not always work as the price will always back to the price before after the flash dump. Maybe you can place your order in a price that will not be too deep, and don't forget to analyze the chart before you execute.

In my opinion, yes it is a good time buy now bicoin then hold. In this matter our patience will be test and measure of how long We could take to wait. Because as we all know the market was too volatile especially in bitcoin. Particularly, just recently the price of bitcoin became unpredictable were there are times that its price goes down and up something like that, were we need to be wise and careful as well.

right, if we know when the right time is, of course, everyone will use bitcoin to improve their finances. but, it can be predicted, and I see a lot of news that predicts this. like the news on NewsBTC which thinks that the price of bitcoin will be revised at a price of $ 11k, and much other news that has the same predict. if you believe the prediction, this is the right time, because the price is quite far from the price of $ 11k, but if you have your own prediction it will be better. "Do With You Own Risk", people can only predict, and for me, this is a good time to collect bitcoin.

People are now thinking about buying huge amounts of bitcoin after it had showed an important recovery, where were those people when the price of bitcoin was at 3500? it is very easy to say that right now is a good moment to buy since there is a positive feeling in many investors that the bitcoin price could be even higher at the end of the year, but the moment to buy lots of bitcoin passed already, the price has been ranging for some time between 12k and 10k and it does not seem like we will leave that range behind during the next days or weeks.

Seeing the current trend of Bitcoin now seems to be the right time to invest in Bitcoin. Bitcoin is currently on the verge of obtaining 70% of the market cap and is following the trend of 2017.
Experts are surmising that Bitcoin will go out to $20,000 by the end of 2019 or by the beginning of 2020. Regardless, it is always the right time to invest in Bitcoin because of the huge ROI it delivers.
Entering and exiting the market at the right time is the key to making great profits with Bitcoin.

People would invest in bitcoin just for money and expected market returns in the future. Yet, profit might be depending on how much we invested int here and the time when we bought bitcoin. We can't tell the perfect time to buy bitcoin but it most preferable to have it at a low price.
The market is really unpredictable, the risk is too high and we should have to prepare for all the cost might happen after.

Currently can not decide, whether this will be a good time to buy Bitcoin. According to my observations that Bitcoin prices are seen to decline again. And I will wait for the Bitcoin price to decline again and at that time I will soon buy Bitcoin.

In 2020 I think Bitcoin will be back pumping, although it is also very difficult to predict. However, I am sure if next year will be a year for Bitcoin and Altcoin.

Yeah, right now bitcoin dropped below $10k and personally I don't expect it to stay there.  If I had money I'd probably be buying right now, because I think you're correct: it's an excellent opportunity to make a short-term profit.  On the other hand, I'm not looking to make short-term trades anyway--but I'm sure there are thousands of traders who could make money from this little dip.

Probably cowering in fear that bitcoin would break out of that range in a downward direction.  It was stuck there for many months, and nobody knew it was headed toward $10k.  It could easily have gone the other way.  It's hard to buy something when the price has crashed, and that's why most investors don't make money.  They buy high and sell low.

We call them doubting Thomas and it is really true, the people he is asking, are they not same people like him with the same knowledge of bitcoin, people like him are ones that usually rely of people to trade for them or make use of bot because they don’t want to learn themselves. If we have been in the system for a long time, and someone will afraid of making his own decisions by himself, and still expecting people to make decision for him, then he is really not ready to get acquainted to the cryptocurrency system.

We just still have to answer him, yes, this is the best time to invest in bitcoin because there is possibility of not getting it cheaper than the value now anytime soon and I think till after the bull run before we can see this value again when the market is welcomed back to bear market.

Why buy and wait for that time to get to $13500 if the price now is lower than that? we might actually see it again lower than $10000. Therefore, if you are wanting to buy at the lowest price, you don't have to wait for the pumping momentum.

You can buy right now and wait for that price to sell if you think short term. Or, you can continue to buy at that price if you are not satisfied buying more at this rate. It's cheaper buying now if that's your buying rate.

It gonna be picking up into something unknown. Why? Because we never saw what next to happen with Bitcoin, people keep waiting for the market price will move high and then sell their BTC's but some of us also patiently waiting for the price to dump for them to buy more.
The price seems to be more in declining and may time to buy more BTC's, no need to wait any longer to drop or to see that it will hit $5k cause it looks impossible.

Bitcoin never had 70%+ as far as I can remember, not for years anyway, if it has peaked over 70% back in peak times I do not remember something like that but to be perfectly honest there was a reason back than. Bitcoin cash was coming out for the first time in 2017 summer and because of that everyone moved their money to bitcoin from altcoins so they could have free bitcoin cash in return of keeping their coins on their wallets.

Considering that reason is as solid as any there was a reason why bitcoin had high dominance, that didn't resulted with bitcoin getting higher in price, it resulted with people going back to altcoins once again when the deal was done, only after couple of months bitcoin price started to go up. Hence I think they were not related.

15 December 2018 price for one bitcoin was 3,195 dollars. That price is the bottom, before that price was higher, after that price raised, after 15 December we didn`t see bitcoin price at that level again.
26 June 2019 price for one bitcoin was 12,947 dollars, last known top!
In just 6 months price went up for more than 9500 dollars, it`s 300% rise. So bitcoin had 70%+ and much more many times, this year too.

A choice that we will do for a better reason, we buy because we’re ready and that’s right if you have money don’t hesitate to buy. Many price prediction for bitcoin will go below $9k, it can happen so wait until we touch that price. I might have fear in me right now, but I still trust and buy bitcoin for my future.

If you trust Bitcoin there’s no right time or perfect for purchasing because everyday is a perfect time not unless you are not here for long investment and what you want is easy money so i might say consider buying when the price is in really bad shape like 2018 value
What do you mean by unknown ?time of purchasing?for what good reason are you planning to buy?when the value increased and and you are sure that bull market is indeed!?Maybe there’s a good answer for the simple question OP has posted here

Anytime is the best time to buy Bitcoin, just buy it and wait until you get something you have been dreamed so long because that's how Bitcoin's behavior.

Prediction is just a prediction but guess what? Bitcoin is back to $10k today, as long as you are really sure with your decision then there is no reason to regret if you lose.

the  new stable bottom of bitcoin is now 10,000$ and it wont get any lower, and maybe this is the great opportunity to buy bitcoin at the current price.

Not every event that you see will have any effect on the market of cryptocurrency, so don’t expect that news like this must have impact because I still don’t see much of relationship between them, any news that I know will have any effect are such news that usually do make people buy more bitcoin, I mean projects that will cause people to demand for bitcoin, which I don’t see this bakkt project  doing that, but without the bakkt project, there are so many development that is going to happen in future which will cause the price of bitcoin to increase more, and so now could still be the best time for anyone to buy bitcoin, and wait for it to grow in future, I think this price might even be the lowest it will fall back to after the bear market.

That will depend on how you analyze the bitcoin price chart. If your result in analyzing bitcoin price say that it is the perfect time to buy bitcoin, you can buy right now. But if it's not, then you need to analyze deeper than usual to find the other way to buy bitcoin. Maybe you can do analyze deeper when the price is on the red candle so you can find the good time to buy bitcoin because if the candle is red, sometimes we get more clue in detecting the lower price. But still, be careful, and don't buy with huge money because the market can change in anytime.

It was below $10k a while ago, so the bottom price we could get would be $9.8k ish. But, it's not a big deal I think because we can see and predict in the future where Bitcoin's price going to be based on the chart on coinmarketcap.

As a trade I think its reasonable to buy right now as we have reacted positively to an ascending trend and passed some short term measures of momentum.   However, the target could be as near by as the 50 day average.

Heres yesterdays rise and a fibonacci retracement measure of how we progress since that larger volume occurred.

https://i.imgur.com/Pa4DgdO.png

So long as we make reasonable progress in this measure it should fit into a longer term bounce here.   The simple take now would be to have a stop loss should we fail in holding this,  I think 10138 would be the area of concern.

If I watch on the bitcoin market at poloniex, I see the order history is not moving slow or fast, but the order buys and sell moving so fast. It makes me wonder and feel strange because the price only changes without any order filled in the order history. I am afraid that after this, we are going to see the price is down because the price change to the lower price so the possibility will be there. But I don't hope to see the price will go lower than $10k because we already reach that price before, but we don't know.

Buying bitcoin 10 years ago is the best time to buy it, second best time is now. They say this for trees , best time to plant a tree is 20 years ago, second best time is today.

You are never too late to bitcoin revolution, you could buy from 20k all time high price and you would still be better because it may look half gone right now but it might become double profit in 10 years, never be too late to join because the only stable direction we are going is up, look at the bottoms of each year, you will see that each and every single year we have increased in our bottom price, 2017 had 700 dollar bottom price, this year had only 3.4k , that means overall bitcoin is always increasing, maybe it has bigger ups sometimes but it certainly has less downs with time.

What makes you predict that prices will go down? at the moment the price is still stable and there is no any confirmed news that will
make the price fall. As far as I know, the demand is actually rising because halving will come next year.

Just sharing that the analytics are projecting a 48k price by the end of the year. This also means that altcoins will be on a huge rise so you may diversify your investment.

Is that would be awesome but $48k is even been far from the reality. We're not even reaching into $20k ever since this year, how about $48k? It possibly we just ended this year at around $15k. We never experience huge pumps yet, though it is quite possible to see it back again but I've never thought that it will showcase this year (hopefully early next year).

Rising BTC puts pressure on the alt coin price quite often, what I've observed is a rise in alt coins after BTC lets off its ascending pattern.  Then people take the BTC and the value distributes around the crypto blockchains that surround BTC, but while Bitcoin is still gaining I think its not looking great on the graphs at least.   OBviously if you find an alt coin to have its own growth pattern it might defy this, thats possible but rarer to see.

https://i.imgur.com/W809EI3.png

To answer the OP I look at daily bars which I post just a small section just to illustrate we should be looking at current pricing for a bullish hold but only with a stop loss.   If BTC fails to hold this current pricing it will fail to satisfy a bullish trend that speculators have been watching.   After failing many times we might find a more significant adjustment then just the level of 5% we've seen in the last day.  
   Watch for a price hold here and then ascending price, if it can do that then its a buy.    I would not advise buying on the way down if it does not find a good foot hold here.  

The blue line is a simple 50 day average, thats the first target on a rise.    I'd hope it can get past that for proper bullish move.

Although the price has been hovering between $9300 and $11000 but at this time, Bitcoin might dig further as is is showing enough weakness and might not be able to defend the $9300 support this time.

the current price of bitcoin has continued to decline, I might estimate that the price of bitcoin will decrease until it reaches $ 9500. well, the end of the month always shows the same movement, this is an opportunity to have bitcoin at a pretty cheap price.

looking at the situation, most likely, the price of bitcoin in September will rise back to above $ 10,000, and I believe that the price can exceed that, and stable at $ 12,000, or more.

I think he should wait for more as the price wants to go down. Maybe he could place a buy order at $9k just in case if the price is down until that level. It is better to divide his order buy into many level price so his chance to get a lower price in any level will bigger but don't be panic if the price is not reached the price he wants because we never know what will happen later. So I guess this time he needs to observed closely at the market so he can prepare to place the order buy.

With the steady rise and fall of bitcoin, this should be the right time to accumulate more bitcoin cos the bull run would soon take place before this year ends

Yup, just bought some in the dip ....  8)
That's 6% if it bounces back to $10000

Yeah, I got some as well and I have been collecting eth too because I am thinking that would go back to 200 bucks or so as well. Bitcoin under 10 thousand has always been a great pleasure to buy for me in the past couple months, I feel like this is gonna be one of those times when I wake up with more money than I went to bed and that is the most awesome feeling in the whole world because you were sleeping while your money worked and made more money all by itself.

Right now, buying bitcoin is a short term investment as well as a long term investment, you can make a quick buck from it in the next few weeks, or you can make a lot of money with it if you wait 6-10 months plus you can get super rich if you wait years for it. Basically if you buy right now you can sell whenever you want.

   If you plan to hold for the future, than buy when ever you can. It`s what I`m doing all this years here. I started buying at 2000$! In that time I wanted to have more for investing,
but I didn`t. Same thing I feel entire time, I would like to have more, but I don`t have. I have limited amount of money for investing in crypto-currencies.
   Perfect time depends on your plan with Bitcoins you intend to buy. If you plan to buy for short-term holding, you need to choose the perfect time if you want to make quick profit,
if you are buying for long-term holding, than do it when ever you can, don`t wait!

The main mistake to avoid is leverage, never mix leveraged FIAT cost with a crypto purchase buy.    The reason being is you are setting a ticking clock on your purchase as if you have taken a bet that by a certain time everything will be advantageous for you to sell at this point.   
   Leverage is also a negative for the community overall as it leads to price inflation and then inevitably the price retracts from the speculation.   The advice to buy long term is fair but it has to be capital you no longer require for that moment.   Ideally BTC gains people who use the blockchain to send money to people they either owe or wish to pay for services and digital goods, thats the best use as its in encourages further use and indirectly the level of holding rises and also price is likely to rise this way also.   

 My short term take is we already rose quite alot this year but over the next two years I think similarly we can keep rising.   I'm wary when people ask if they should buy expecting to also be selling not that long after, thats not something we accurately answer as price direction is only within a range of probabilities.    I think crypto is still a growing sector and is likely to continue to be popular and used, so the long term outlook remains good.

The answer to OP is Yes  8)

The micro investors are too scared to invest now and I think that is a sign that buying bitcoin at the current price is the right thing to do. We are not going to lose if we have the long term in mind. The back issues are also one of the reasons why bitcoin should rise now. The next bull run may see bitcoin breakthrough $13,000.

This was a small addition to my big stack which I bought way lower 8)

if many people follow this advice, maybe they can harvest the results now. Yeah, but I'm pretty sure many panicked when the price of bitcoin dropped below $ 10k. this is a lesson for us when bitcoin falls below the price of $ 10k, it could be the right time. there is still a big possibility that the price of bitcoin can grow to $ 11k in the near future, if you believe that, then it could be the right time.

That still a good price to buy but I suggest to wait for more while you can buy a small portion of bitcoin so if in the next hours or days, the price is down deeper, you can buy more bitcoin. With buying more bitcoin at a low price, you can reduce the average price in buying so you can get more bitcoin in your wallet. When the price can get down below than $9200, then that will be the best time to buy because after reach the lower price, the price will increase for a while, and it will continue down and up again.

How will it not be yes when it is bitcoin, if it was other altcoins, I am sure that your answer would have been capital NO lol. Well, you are right, for now that bitcoin is still not gone too far in its price increase, I think we can buy and hold the coin now, while we wait for the price to grow. Bitcoin has a very wide future, and I believe that soon, the market will go back to its uptrend with a very strong momentum.

I can't say for sure how much bitcoin will be climbing to this year after these correction is over, but I know that we may be retesting the last $13800 or $14000 this year had before we continue further on the bull run next year, next year Is going to be another good year that we should all prepare for, and I think whatever profit we will make next year needs to be decide now through our purchase now.

Even with the top 10 altcoins it would be YES.
But with altcoins you need an exit strategy and your returns will likely be less.
With Bitcoin a good old fashion HODL will suffice.

P.S. I believe the top 10 would be considered "stablecoins"  ???

With altcoins it's like gamble, we should have the mind to risk. The top listed altcoins show signs of growth, but that too is low compared to the growth of bitcoin. The dominance level stands strong above 70% with the volume increasing regularly. This will continue and we cannot see much of growth with altcoins. Considering the same, it is good to buy bitcoin, but the buying points were missed. Buying should have been done few months back if the purpose is holding.

The dominance of bitcoin was at a different height and at the same time, the price of bitcoin went up quite high, it was in the middle of the boundary that could continue to rise or would turn and go down, the situation right now is like you said, we missed the good time, buying right now is very dangerous even though we still have a chance to win. Staying out of the game and preparing yourself and the next plans for the market, especially the plan to invest in altcoins, would be better than buying bitcoin at the moment.

We have already studied bitcoin many times, and I think that most investors by now should have understood the way that bitcoin works. This current price now must be another good level to buy more, because right from our eyes is when bitcoin will grow from this value to about $15000 at the end of the year.

Any investment that we are coming to do in  bitcoin should be an investment that is tied to for better for worst, an investment that we will not even get worried about even if bitcoin drops, and we will just know that no matter how longer, the price will always rebound back and higher, if we can take our investment as for better for worse, then we will be able to develop that patience to hold on.

I know that bitcoin's mode of operation, recovery and development has always reached an incredible level, the price may now be high but after that, it can be even higher but the investment is always focused on the percentage of victory and risk, if the chances are high, we should join and vice versa. And the situation right now is not a very good opportunity, the value of bitcoin is at an average level, not low and not too high, such hovering is always difficult to identify the trend, buying only makes us risk

You can buy every time you believe that the market will bring you decent benefits, perfect time is how you believe the market will proceed and how will you take advantages from each market positions that you'll going to place your entry and exit point, you need to keep being positive and accept things that will
lead you to a much higher chances to make a good profitable business investing with bitcoin or other crypto that you plan to invest.

It could very well be a no at any time of bitcoins life, right now it looks more like a yes and I agree with that but even the biggest bitcoin bull lover here would agree that this is bitcoin we are talking about, we can wake up to a 6 thousand or 12 thousand bitcoin tomorrow morning which is why there is always a bit of no in our yes. Don't get me wrong I do agree that bitcoin looks at a price so tempting to buy, I am keeping most of my investments in bitcoin and that is definitely dangerous however I do trust it, so I am a big bull on bitcoin.

Not even crypto in general, I have a bit of eth but that is about it (except couple airdropped ones that I don't even count) however even I do say that bitcoin could at any time fall to a lower price. Even lower than it dropped recently.

Buy low, sell high is the golden rule but when is the low and when is the high? That's the fine line that every investor must master and walk like a tight rope performaer- with balance!

I don’t know today is a good time to buy Bitcoin or tomorrow it will be a good time to buy, but for example I just buy BTC whenever possible and keep it in my wallet. I probably do this because I believe in its high growth potential and realize the likelihood that in a few years its price can reach several hundred thousand dollars and this motivates me to buy more BTC.

Here's my short analysis about how bitcoin dominating the crypto market could bring a bad effect to its price

 https://bitcointalk.org/index.php?topic=5182204.msg52374222#msg52374222

Also another one that makes people become more confused than ever ...

https://www.coindesk.com/massive-1-billion-bitcoin-whale-transaction-makes-waves

Wtf?

It's always a good time to buy bitcoin if you're a believer,
-believe that in the future once all the 21 million bitcoin are mined ... it would have a crazy price tag like 100,000 usd or even millions dollar! Noone knows as we have experienced before .. from $1 to $20,000! Then why not?

Do invest in bitcoin responsibly,  this is a high volatile market and of course high risk one.

if you want to hold it for very very long time better you do it now , few years later you might can't afford to buy even 0.1 bitcoin!

Only if you are a holder with a really long term view will any price be a good entry, and there really is little useful argument against dollar cost averaging if you're in this for the long game.

And the best thing about averaging is, even in the worst case scenario, you also never spent more than you could afford, and prevented yourself from losing the most.

Believer or not, if you even just have the tiniest interest. Make your buy. And then keep yr private keys safe. Come back years later if/when a CNN 1 million dollar headline comes out!

perfect time !!! why?
Bitcoin is like any other stock
But fraud has spread through the Internet using bitcoin
prices must drop to real price ( the way that bitcoin rise from 3500 to current price It doesn't seem real
Most traders are bored of Bitcoin

We can't stop those fraudulent act of some individuals cause we have the freedom and they are actually can do anything they want, only we have to do is to keep safe and don't let these things happen to us. But it is not the reason why we have to suffer for another downtrend. We have that sentiment before and most likely we possibly face it back again.

Ain't no wonder why some of them get bored cause they are not the real traders nor passive investors but just like passing-by investors.
What they just want is to have gained in a very short period of time, they want instant which looks impossible at this time.

frauds/hacks or just any other cyber related crimes within the range or btc and cryptos are actually responsible for the downtrend because  . big exchanges have been hack lately and cryptos have been sold by hackers  . selling is the reason why price drops   . now thesedays people have a phobia to invest big , so the price didnt increase   .  we have the right to stop those criminal acts  because if we let them , the price of cryptos will only go down more evenly  .