Does this mean that we have felt the bottom and there will be a rebound soon? Is it time to buy?
We have not felt the bottom yet, I have not seen any major fud from the government yet. That is usually something that occurs in every bearish market. The take the advantage to create further fud and try to kill Bitcoin but it has always bounce back. The government hate Bitcoin and knowing it controls the whole market, they will always want to take the advantage to influence how the market moves so it strength their point of the industry been dangerous.
Although we have seen some corrections, the market is still doing pretty well and that is not what bears are about so probably we are yet to enter the bear market and just experiencing only corrections. I will say we wait for a double confirmation before we start investing again to avoid panic selling.