You might not wait if you wish to purchase but are holding out for USD 50,000.
It doesn't really matter if you purchase BTC at $66 or $64, as it will cost at least $150,000 and most likely over $200,000 in this bull market.
Observe how most of Square is yelling about the impending collapse and the price of Bitcoin at $55-52-50 or $45k.
Occasionally, they try to persuade you to sell your bitcoin quickly in order to purchase it at a lower price when a drop is about to occur.
However, they will pay $60 for your Bitcoin, and you will have to wait until $50 before paying $80 for it. Keep in mind that the market does not behave as the majority anticipates because the minority can only profit if the majority loses money.
Before the halving, take note of how quickly and forcefully BTC bounced from USD 59 to USD 60k. A lot of people want to purchase BTC at USD 59, and they do so each time it crosses this zone.
Bitcoin falls to 60, bounces, and falls again, landing at 59 following Iran's attack on Israel. Israel answers, and we get back to 59 with a rebound.
Not even the threat of a war with those kind of ramifications could bring the price down any further, so
I think the support level at 59 is solid, and a significant decline in price would require extraordinary circumstances, which is possible but less likely than not.
Since no one can give you 100% certainty or predict the future, you must do your research, invest as much as you can lose, and unfortunately, nothing about cryptocurrency can be certain.
Since it's your money, you will either have to bear the losses or rejoice in the gains.
I hope the best for you.
These are not financial advice; rather, they are my personal views. Use this message however you see fit!
