Is Now A Good Time To Invest In Bitcoin ?

An analysis to determine if now is a good time to invest in Bitcoin

Disclaimer: The material in this article is purely educational and should not be taken as professional investment advice. Invest at your own discretion.

In this article, I will try to analyze the price of Bitcoin to determine a good time to invest in Bitcoin.

Bitcoin News

Before analyzing any prices, I want to point out some recent news pertaining to Bitcoin.

1. The President of El Salvador (the first country to adopt Bitcoin as legal tender)continues to buy more Bitcoin.
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2. Whales (large holders ) of Bitcoin are buying the asset even as prices dipped.
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3. Standard Chartered (a crypto research team) predicts that bitcoin will be worth $100,000 by early next year.
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