There is more and more evidence that the market bottom is now established. Each time we have dropped since the start of the year, we have reached a similar low point. It does look like there is huge resistance there to further drops, and it is starting to seem that we are readying for the next bull run.
In my opinion, the market bottom is behind. Now, we can wait for the period of the stabilization. The bull run will come suddenly - this is my vision of the situation.
Yes, stabilization is a good sign, it means that people and whales Don't want to dump their assets, and that they are accumulating for a bull-run, or at least a jump in prices. We will wait and see what market will do.
But this could turn down if there is a bad news release related to bitcoin and this will make the price go down again. I hope that we can stable from now on and soon, the price can get a rise again. The bull run will come and we don't have to worry about this, as long as we can get bitcoin at the low price then we are safe. But if somehow, the price is down again then it means we can buy another bitcoin at the lower price than before.