That is the question. I'm thinking we are near the bottom. About $30,000 has been support for awhile. A lot of bad news has come out and while there can be surprises, I think the bad news is out for this cycle. Probably the good news will start to come out e.g. the USA approving an ETF.
Probably yes, and I hope we actually see some good news to change the price direction to the upside. Bitcoin has been trading between $29k - $36k+ in about a month now

I too believe that this might likely be the bottom area or even if there is going to be some drop, not much and hopping on an upside to around that $50K - $70k as well by EOY.