Bitcoin is now oversold after it has been bearish for months. Since the oversold is over, it is now turn for bull run and it is going to make bitcoins price high.
Things are not so simple, yes bitcoin has been oversold for a long time but even if that is the case we need a spark, something that makes people believe again that the price can recover soon and I do not see that happening soon, so you only have two options, to trade in the meantime or to use your cash to take an early position in bitcoin and hold until the price recovers.