Bitcoin is currently trading at a good price and now is a good opportunity to enter the world of Bitcoin. If you've not bought bitcoins yet, this might be your best opportunity this year.
I would refrain from giving financial advice, it is indeed a lower than average price price but still expensive for any people out there and there is a chance that the price might go even lower if some sell off starts at 30k. Bitcoin is facing some resistance at this level.
Bitcoin is currently trading at $ 34,493 and the bear market is coming to an end. Also, another good thing that will definitely affect the price of bitcoin is halving. Big investors! One of the main reasons why the price of Bitcoin does not fall much is the presence of large investors. These investors do not allow the Bitcoin price sink lower.
It is not about letting the price sink, it is about the S/R level.
Invest with what you can lose, bitcoin is a great option of investing. But choose your prices wisely because once you buy you will also need to reach a selling price even if you dont wish to sell immediately, to give yourself the mental peace that you are in profit.
Bigger institutions have much bigger capital at hand, not like individuals like us. Hence we have to tread carefully in a prolonged bear market.