Bitcoin takes a week almost a bit boring in a very narrow range between 10K to 10.6K. At the moment he is comfortable in those values, and everything seems to indicate that he will continue this way, at least in the next few days.
Now with a Bitcoin in just over 10,000 dollars, the big question arises: Is it a good time to get on the Bitcoin train? The answer is possibly yes, and I will explain why.
Since February, the month in which crypto winter began to be left behind, Bitcoin has shown strength, consolidating important values. Now everything seems to indicate that 9.3K are the great support for the remainder of 2019.
the governments of the world are gradually realizing that going against Bitcoin does not make sense, it only makes people more interested in the leading digital asset. It's like swimming against the current, in the long run you get tired and give up.
One of the most important fundamental data to be optimistic with the value of Bitcoin in the medium term, is the launch of the futures by Bakkt, which have as a great novelty, that at the expiration date of the contract BTC will be delivered and not money FIAT.
The Bitcoin sentiment index is still around 40 points, which although it indicates fear on the part of investors, has moved away from the 20 points zone a few days ago. It is a good fact for the rest of the year.
Despite any variation in the value of the cryptocurrency, security issues and other conflicts, investors are still there. Loyalty despite the risk makes us think that Bitcoin and cryptocurrencies will continue for a long time.
Acquiring or not Bitcoins is a question similar to many other investments. The higher the risk, the greater the profit margin. However, there is always the possibility of a crash, It is worth risking, but it is important to be clear that the loss is latent and in a large proportion.
