I am busy in real life, making me not to check the market in a few days. This day I am back to the market and check all of the prices, and I see bitcoin price is down deeper. Ah, I think I miss the right time to buy bitcoin, but I guess today we are at the weekend time, so the chance for the price to go lower than today will be wide. I think I will place in buy order in some range, and I hope that my order can be filled in today or tomorrow.
Here is some of the market movement based on different time interval:
In that image, you will see that bitcoin price is on the sideways, but it could be another down if the traders decide to sell their bitcoin for a large amount. You can place your order buy at $7,630 to test if the price is down or not.
This is the 4h of the time interval. We see that the price is trying to rise after reached the lowest price, but still, that price cannot be predicted whether it will be increase or down again. You should be careful to decide. Meanwhile, you can try to make a buy order as I say in previous.
And this is for the daily chart. I see that the price will still go down, and maybe it will touch $7,200 if the traders panic, but I am not sure if the price will go down below than $7,000. But the chance for the price to reach below than $7,000 will be there.
So how about you guys, do you decide to buy more bitcoin, or only watch the market without doing anything, or you need to wait for another downtime to buy more bitcoin?