I think the bearmarket isnt done yet as we are fishing for a bottom.
But we could see some up swings before we ultimately go towards 3200 and test the lower 3k range
Any thoughts?
Your prediction became true and that is exactly what it is happening, I just hope the bulls have enough strength to hold their own against the bears and do not allow the price to that much lower but that does not seem likely since the bears are doing everything they can to make the price even lower and it does not seem like there is an end in sight to their desire to make the price even lower.
For now the bull still trying to strive harder to beat the bearish trend and that's a very struggling scenario. Many people specially the new traders who panic and dumped their asset when they saw price starts to rise. It's good to buy while current price is at very cheap price, in order to benefit once market of crypto starts to spike at better and increasing value.
Bitcoin fell to 3k few days ago and now we have it again in the four thousand dollars range. It was a sudden surprise and people rushed to invest. There is already a profit of more than 1k dollars for those people. So I think despite thinking over the price fluctuations, you should look for more capital to invest.