Is Bitcoin price still cheap to buy or we might be buying its peak?

[Domithra]

Although Bitcoin has shown some progressive movement in its price for a couple of weeks now, it is not yet confirmed a bull market. One of the secrets to the success stories of good investors in crypto is their ability and readiness to utilize the bear market condition or whenever prices of valuable coins are down. It is during when prices are down that investors buy more at cheap prices and sell when prices rise in order to gain huge profit.
Looking at the previous price marks ($20K) and the capabilities of Bitcoin, it can still be considered now as a low price, hence more chance to buy more and hold. Bitcoin will rise!

[pelana vreo]

Bitcoin prices currently provide many benefits for investors who want to buy at low prices, many bullish predictions will occur in 2020 and I think the same thing, namely holding BTC and selling it at high prices like last year which had risen above $10k

[dragononcrypto]

I think it depends on your perception. I'm expecting it to return to around the 200 Week around $3-4k like many investors, this would give me a lot more confidence that the bear market is actually over, as well as time to accumulate more. So in this sense $6-6.5k could end up being the "local top", but then by the end of the year, if prices are above $6k, it would no longer be considered a peak but the breakout level after consolidation.

[trauchot]

I am sure that bitcoin will still increase in price and if someone wants to invest in bitcoin at the moment this is a great solution, so you need to do it as soon as possible until bitcoin will start growing again.

[Bit]

When compared with the price of Bitcoin in 2017, of course when the current price of Bitcoin is still relatively low. The price is still under $ 6k. And this price tends to process increases over time. Then, when will you experience a bull market again? I am sure it will happen, but it will take at least 1 more year.

[mimikri]

Bitcoin prices currently provide many benefits for investors who want to buy at low prices, many bullish predictions will occur in 2020 and I think the same thing, namely holding BTC and selling it at high prices like last year which had risen above $10k

It is difficult to say if those who are waiting for the fall of Bitcoin to buy it are right or wrong. The prices of the cryptocurrency cannot be predicted.

[damsix]

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Another year too because it needs something that can provide a factor for the price increase.
Then I also believe that this factor is the Bitcoin Halving which gives rewards to miners.

This is experience and my opinion .

[Sapp]

For beginner sizes, the value of bitcoin is now quite high. I think it is very hard to buy bitcoin now. But if this is not bought, it will be harder to buy bitcoin. I am sure, the value of bitcoin will be even more expensive. developing of course.

[Hexsas]

I think for now bitcoin is still relatively cheap to buy and will be an opportunity because bitcoin is trying to grow even higher, and I think at the end of the year bitcoin can reach 10k.

[Bobcrypto]

As at the time of writing this post, i think that many people may be buying bitcoin at peak because, in my opinion, the bull run has started and it very obvious that it may not be cheap, though it depends on individuals. Currently at  7:25;pm 12 of may (GMT), bitcoin is trading at $7792 to $7880.

[Bit]

For now, I think the price is already quite high. So, if everybody plans to buy, it is better to wait until the price is experiencing a correction again. There is no worth to buy now, it is time to wait or to trade. 

[dragononcrypto]

I agree that even now Bitcoin has risen 30% since this most to $8k, I don't see a confirmed bull market yet, although it's likely the bottom is in.
I guess enough investors were willing to take the risk that the bear market was over to push the price beyond $6k, but I'm still waiting to see if it holds personally.

[Stalky]

I think now the price of bitcoin is still not expensive, so my suggestion now is to be able to buy and hold bitcoin in a few months with a more stable increase, so you will also generate more profits.

[Zed0X]

Some massive dumping happening right now, could this be the last dip that some analysts are saying? $7K support might be broken soon. Let's wait and watch.

[Fenix]

Now the price of bitcoin, according to CoinMarketCap, is 7190 dollars. After its price of more than 8,000 thousand, it fell a little on the correction and, as long as it stands still, perhaps we should expect its further growth soon. To buy or not to buy now, this should already be a conscious choice of each of us. If you look from the point of view that by the end of the year, bitcoin should vseravno grow significantly in price, then its current price is acceptable for purchase.