Here's the truth: Most people will not buy at the absolute best price. There's not way to predict that. But seeing as this is a huge drop from Bitcoin's highest point, I'd say it's a good time to buy it. I've been telling people that this time has been coming and to hold off buying at high prices and I've been laughed at and ridiculed. One, two, three times, how many times do people need to see a pattern repeat itself to expect that it will happen again? And at almost regular intervals too! The point is, you may buy at 31k and see it drop at 28k. Big deal! Historically, after a big rally Bitcoin drops by a lot but usually not below the highest price that it had reached in the previous big rally (that was about 20k for last one, in the end of 2017).
A lot of people are waiting for this price and yet, some of them won't still buy.
Because they are thinking that it may possibly go down more but to what value they will buy, right?
If you are one of those users who swear they will buy when btc drops to 30k, what are your thoughts now?
Remember the times when you tell yourself, you are already too late for the party.
But now, it is a very good opportunity for you to think your chances. Don't wait too long because we may not see this price level again.