Expect capitulation for BTC down to $2000-1800 in February.
Thats where I think the bottom is
We are in February now but it seems that the resistance of the market to go down is a bit tough and is somehow being fueled by random speculators or traders. I think Bitcoin would not go below $2k this year if someone was going to fuel it and push a little bit at the top there's no problem of the new bottom. The only problem now is a huge FUD that might sink the market instantly.
I hope so, and I wish that the price can stay at $3k only. The market still up and down in this month and bitcoin is not giving a good sign of increasing higher although we have seen the jump of the price in a few days ago but it doesn't mean we will see the bull market soon. We need to watch the market, and I hope we can find something related the trend and if we think that is good to enter to the market then we don't have to wait for more because sometimes it will be too late for us to buy bitcoin.