The leader of all cryptos – Bitcoin may have reached the bottom. Now is the time to make the asset as a long-term investment.
The current situation is particularly interesting because it is unpredictable due to the epidemic circumstances.
Enthusiasts say the price may go down, and at this point, speculating on the cryptocurrency market is almost equivalent to speculating on the coronavirus and all the consequences it will bring.
Many believe that when there is a rebound, it will be strong and abrupt, which is common in this market. It is important to monitor any developments regarding the coronavirus. It will be interesting to see where the financial markets are heading which may give us an idea of the future of the crypto markets.
My personal trading decision for now. Is to wait for at least 2 weeks more before buying BTC.