With prices this low, I don't think that there is much further to go in terms of dips until the bottom is found. And even though the recovery might still be far away at this point, I believe that accumulating right now if you're a long term investor is worth it.
Recovery is quite a relative term. Recovery to what, insanely overpriced levels? Current prices are a fantastic entry point, but we're going to go up in a slower but more sustainable way.
If we happen to break through the $10k mark then it could be seen as a new all time high. It won't hold directly because every round level will trigger traders to secure profits, but eventually we're above $10k again, and for good.
People who continue to dollar cost average their entry points will eventually come close to catching the bottom, and that's exactly what I am doing. This doesn't require any TA or other nonsense. Everyone can do it.