Buy now Bitcoin today

[Darooghe]

Since it's really hard to identify the bottom, you might want to wait until it starts to head up a little bit on a steady trajectory, before you buy. Yes, you missed the bottom, but you don't miss false bottoms, at least on the local scale.

For now, since it is impossible to buy at the very bottom anyway, I agree that buying BCH right now is not a bad decision. I would estimate that BTC will still fall below $6,000, but since BCH right now is already artificially low it could very well be that it won't go that much further down.

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[jakoylantern]

For me, it's not that bad to buy bitcoin now because you can see the graph that it will increase sooner. But it's not that accurate because we know that bitcoin's fluctuating price rate is difficult to understand. Also, do your calculation, research, analysis ( TA), and set your target price rates. But it depends on you if you can afford and calculated to buy some bitcoin, why not? There are some TA that is showing it a good time to buy.

[suvo05]

It's really hard to predict the value of the bitcoin. If you see different prediction then you will see different forecasts and different graph everywhere and as there are lots of extra  factors (like gov ban and regulation ) are there so I found really difficult to rely on that kind of graph. But watching the past performance  and the future possibility of BTC maximum people will agree that BTC is at low price now. So it is good to buy it today.

[exstasie]

It seems everything is going well
I will add the bitcoin fractal which will continue to rise
1W and 1D chart

Devil's advocate: it's a head and shoulder pattern, and the incoming bounce will form the right shoulder.

120 and 180 chart

There's a notable distinction between the two. The earlier fractal appeared in the middle of an uptrend. This one appears during a downtrend. So there's an argument to be made that the current pattern is a bear flag.

[naira]

I think all it depends of the strategies we have depend on if we aim buy bitcoin for the long term it is not wrong to buy now because the price is cheap but if buying for the short term is too risky because the current movement of bitcoin unpredictable in this case I prefer the first selection because hold bitcoin long term will give a lot of profit

[WatchMaker]

This is all bullocks. How can you tell anyone to buy bitcoin now when we are approaching November in the fourth quarter of the year? I don't think that is a good idea. You can only advise people to buy bitcoin in the fourth quarter of the year when is there is an active bull run in the market. If there is no bull run in the market, it is too risky because the winter is coming.

[samcrypto]

Quite a bottom we have right now. 10k possible soon enough? I might consider buying few bits of it now, but I'll make a test if it can still fail to get past 8.5k. If it failed to, considering that it went down by 7k (which was the good ol days of support), then I'll consider it my buying time now.

Pretty easy to achieve $10k yet we are so far from that price but if you will look at the whole market, its a good opportunity for us to own bitcoin at a discounted price, with good future soon. 2019 is still here, we will see expensive bitcoin before halving and after that, the volume will go up again just like 2017 trend.

[TelolettOm]

I think all it depends of the strategies we have depend on if we aim buy bitcoin for the long term it is not wrong to buy now because the price is cheap but if buying for the short term is too risky because the current movement of bitcoin unpredictable in this case I prefer the first selection because hold bitcoin long term will give a lot of profit

I myself think that the current prices are still relatively cheap. because the price of bitcoin should increase with current growth. the fundamentals are pretty good because there are already many people who believe in bitcoin and also more and more people's interest. Bitcoin adoption in its own payments in several countries has begun to develop rapidly. although some people still think the price can still go down at the current point

[zeze18]

Good for making technical analysis, I'm the type of person who trades by trusting the latest cryptocurrency news. In my opinion technical analysis by marking a history of corrections and bulls does not mean 100% happens, we also have to consider the influence of users and news.

Both fundamental and technical analysis are needed in cryptocurrency trading. We can't rely 100 percent on news and also on technical analysis. News can be hoax or cancelled and those are game of whales that can manipulate media

[PLATO]

I think all it depends of the strategies we have depend on if we aim buy bitcoin for the long term it is not wrong to buy now because the price is cheap but if buying for the short term is too risky because the current movement of bitcoin unpredictable in this case I prefer the first selection because hold bitcoin long term will give a lot of profit

I myself think that the current prices are still relatively cheap. because the price of bitcoin should increase with current growth. the fundamentals are pretty good because there are already many people who believe in bitcoin and also more and more people's interest. Bitcoin adoption in its own payments in several countries has begun to develop rapidly. although some people still think the price can still go down at the current point

Bitcoin is playing a very important role in the present life and many places are using Bitcoin for payment so I believe that the value of this coin will tend to increase in the near future. The current bear market affects a lot of investors but I am sure everything will change in the next few years so please put your trust in this market. I have tried Bitcoin payment at a few stores and it was a great experience for me.

[gandame]

Buying bitcoin now is good because the price is cheap than last month so today is good day to buy.
Buy now and hold for a long term investment to get good profit.

[LimLims]

See dude whenever investing in any coin, personally many people don't seek other people's opinion.
And as per your predictions, it doesn't gurantee that bitcoin will rise.
Moreover we all people like Bitcoin to rise high.
So that we can sell our coins in comparatively higher price.
Nevertheless your post is worth reading.
Good luck to us.

[Distinctin]

Since it's really hard to identify the bottom, you might want to wait until it starts to head up a little bit on a steady trajectory, before you buy. Yes, you missed the bottom, but you don't miss false bottoms, at least on the local scale.

For now, since it is impossible to buy at the very bottom anyway, I agree that buying BCH right now is not a bad decision. I would estimate that BTC will still fall below $6,000, but since BCH right now is already artificially low it could very well be that it won't go that much further down.

For me i don't need to identify the bottom and wait till it start rise a bit.
Just try buy right now and just place a stop loss. Because everything can happen in crypto, so just place an order before we're too late

Though everything can happen along the road but better to have some basis into it, and by looking into the previous chart vs the present market trend we're able to think when to buy/sell our BTC's. If we are right with our trajectory (and I supposed to be right anyway) then, we won't miss anything but the market still unpredictable and it never works like that easily.

[hahay]

This is all bullocks. How can you tell anyone to buy bitcoin now when we are approaching November in the fourth quarter of the year? I don't think that is a good idea. You can only advise people to buy bitcoin in the fourth quarter of the year when is there is an active bull run in the market. If there is no bull run in the market, it is too risky because the winter is coming.

Basically we are in the fourth quarter and if you notice the chart and follow to buy it when the thread is made, you will indeed benefit because prices have risen so far, but to reach 9k this month seems impossible and let's wait for the next month from the last quarter of this year hopefully there will be more significant growth.

[cryptoblazter]

The price of bitcoin so far was under 8231$ if I am not mistaken, in which I think it is really right to make buy now and good timing as well to take the chance to have it, just do buy them according what you can afford to have it.

[Herry Toms]

Your title says something else and your chart is saying something else. I think there is another dip on the way towards $6k. This is a strong support zone, I think we have to wait for the price action confirmation on bigger timeframes so we can accurately buy it from there. Good luck to you if you bought it here.

[BitHodler]

but to reach 9k this month seems impossible and let's wait for the next month from the last quarter of this year hopefully there will be more significant growth.

I wouldn't hope for anything in November and December months, because if you go back in time, these are usually the months where Bitcoin is losing a lot value, and that can stretch out all the way to January and February.

It's a great time if you are out to accumulate as many coins as possible, but for hodlers it generally isn't a great time.... how likely is it for a market to not do the same thing it did in almost every single previous year? I say very likely.

The current price action where the price dips below and jumps above the $8k mark is very similar to the price action we had at the $10k mark.... once we fall further the next stop is likely $2k lower, so the $6k mark.

[pamsugas]

It seems everything is going well
I will add the bitcoin fractal which will continue to rise
1W and 1D chart

Devil's advocate: it's a head and shoulder pattern, and the incoming bounce will form the right shoulder.

not yet showing head and should pattern friend, when bitcoin falls from 7600 it is likely that the pattern will change to head and should. see this example

120 and 180 chart



There's a notable distinction between the two. The earlier fractal appeared in the middle of an uptrend. This one appears during a downtrend. So there's an argument to be made that the current pattern is a bear flag.

Honestly this pattern is indeed not solid enough to be bullish. but look at this super bullish bitcoin chart.
I got the chart from twitter someone uploaded it

[Chaintrader_1]

Proof that institutions are buying BTC right now !
https://youtu.be/CpM9MQ98dVE

[AicecreaME]

I think the price is still very high to get in right now.

I disagree, $8,000 is too low compare to what we have in December 2017, the price of bitcoin recently is a good chance to make profits if it is really going to pump up to $15,000 or more, greediness will become regrets in the end if you failed to buy at this moment and the price suddenly goes up (anytime soon).

I am waiting for a $4000 entry again.

hmmm. . . . .

this is too much I guess? but we'll see, if this happens, then I congratulate you in advance