It's also up considerably from where it was a month ago. If you're hodling and are prepared to wait for a recovery if it goes down again then be everyone's guest. But then this was the thinking 2 years ago where in all that time it hasn't recovered. Nobody can or will give you advice on when to buy unless they're hodlers that don't care about the price.OK...just from basic reading it seems the price is down considerably from where is was Q3 last year so thought maybe now is a good time to buy. Just asking for advice, I really don't know much.
Hit the sweet spot now. Momentum should help keep it going to about $9180 but this is the make or break zone. I've closed longs though for now. Some I've been holding for 2 months.It's holding above the fibs for a few hours so looks like another leg up is coming today. There's also a convergence of three resistances at $8820/$8850 today. Chances are this is the target that whales/groups have chosen to pump through. Have seen it many times over the last couple years.
For me the bull run has begun as most alts are also going up against btc. To me I think most investors need to by btc to then buy there alts. and if that the case I do not see btc going down anytime soon. What do you guys think?