Yes today is in a better condition than yesterday and it is standing at around 81 thousand. Now bitcoin is not very stable, not even much volatility. This is the best time to invest and if you have invested before last two months,Then you are definitely in profit. So DCA will not be much needed. But it is certain but not possible to say when bitcoin will reach 100k and what will happen next. I want bitcoin to go into bull season.
Looking at current price of Bitcoin, it looks like ideal time to buy Bitcoin was when it was under 70k. This is very normal thing with Bitcoin that people buy more and more when price is high and sell when price goes down. It looks like there is strong resistance at 80k at the moment which Bitcoin has to break in order to make it to 90k or 100k. The end of US Iran conflict and appointment of crypto friendly chairmen of FED i.e. Kevin Warsh are few factors that can take price of Bitcoin to new heights.
The current period is an ideal time to buy Bitcoin because the price is in a slightly bearish state again. I think this is intentional because when large investors reduce their buying demand, the price of Bitcoin goes down and when the down market is ongoing, those whale investors increase Bitcoin buying.
The current period of decline will not last long because there may be a panic fall in the market before the potential bull run begins. The price decline is created to make Bitcoin accumulation more aggressive. Investors who understand this fact see the price decline as an investment opportunity and buy more Bitcoin if they have the leverage.
