The price of Bitcoin has exceeded $34,000. Is it still suitable to buy now

[Sterbens]

Have you already consider that as "Sharp Drop"? remember Bitcoin comes from below 10k in 2020 but made its way to almost 40,000 before the year ends.

So this is not a sharp fall instead a Correction .

yes I agree, this is only a temporary correction, and even so I have kept my $ 30,000 price tag on the back of the $ 50,000 to $ 100,000 currently held by analysts and other bitcoin holders. And of course this decline will not be the same as 2018 (my estimate) due to the adoption rate and the tendency of many people to start realizing that bitcoin should not be missed in investing. the rest be it factors from PornHub, Paypal etc., I don't know the details. but both are part of the rise in bitcoin.

[Kocret02]

the price of bitcoin drop sharply to it low within 24hours on 12th of on janaury , although the price  recover to some few percentages , is the crash over now or more sell position will come in few days time . am thinking of buying at 34k , my question is it good to take a long position now ? what is your bias towards the market today .

if you buy at a price of $ 34k it looks like you have to wait until the BTC correction recovers. see right now the price of BTC on marketcap is only $ 31k. this is a drastic and sharp decline. you should buy now or wait later if the bitcoin price is below $ 30k so that when the correction recovers you can get a high price.