The current bitcoin record high currently stands at $19,800. Since hitting that high, bitcoin has been on a major correction, falling to around $10,000 where it is currently. But where is the bottom of this correction and where would it be safe to buy the bitcoin again? Well let's try to predict that?
![5a6612c0b9663.png](https://steemitimages.com/DQmNa8iCV26EztVLR8jPPGKeK9TWxjsKaSWGf4LpqQn9Mw7/5a6612c0b9663.png)

As shown above, bitcoin price seems to be respecting the converging triangle. A break out from this trend line will signal an end to this correction. In the main time, prices seem to be falling and is expected to fall to around the $8500 mark which in my opinion is the best time to buy bitcoin to HODL. SO for newbies looking forward to buy bitcoin, you can wait until price reaches around $8,500 which is indicated by the location symbol in the chart above. Good luck