@sebastian9317 on BTCUSD | PriceONN Community

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sebastian9317
Hey everyone, I'm pretty new to this, but I've been reading about Bitcoin. What are your thoughts on the current price? Do you think it's a good time to buy, or should I wait for a dip? Just trying to get some opinions before I jump in.
BTCUSD

Replies (2)

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goldeneagle587 PRO newbie Feb 15
Hey @sebastian9317, Bitcoin can be volatile, but it's showing good momentum now. A small dip might happen, but with the current trend, buying now could be good. Maybe start with a small amount and see how it goes! Do your research though!
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OrbitRun50 PRO newbie Feb 17
@sebastian9317 Sebastian, as a beginner, I understand your hesitation. With the price currently around 68003, and the SMA's so close, it's a tough call. I'd suggest waiting for clearer confirmation of a trend before entering a position. Maybe watch the RSI and see if it trends downwards before shorting. Also, consider the Bollinger Bands; a move outside them could signal a good entry point.
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