Is Now the Perfect Time to Buy Bitcoin?

[sunsilk]

Perfect time to buy is when the pump commences, which is when price gets over $13500. Until then its dead money.

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.

[Hypnosis00]

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.

[RealMalatesta]

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.

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.

[iv4n]

-snip-

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.

[samcrypto]

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

Cheers!

I agree.  I just wanted to write that Bitcoin should always be bought.  There is no definite or perfect time for this.  He will always be appreciated so that you and him will always win.

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.

[peter0425]

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

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.

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

[sulendra12]

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.

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.

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.

[tukagero]

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.

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.

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.

[SirLancelot]

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

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.

[ethereumhunter]

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.

[sulendra12]

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.

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.

[STT]

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.



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.

[michellee]

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.

[guoyu78]

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.

[iMark]

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.

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.

[Paulinerims]

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.

[Questat]

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).

[STT]

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.



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.

[Zemomtum]

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.

[OrangeII]

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.