In my personal opinion I see it as a good time to invest a good amount in BTC and leave them a few months to mature, what do you think? Will they do the same as me?
BUY, HOLD, and SELL.
That is what people who want to have investments should do because buying, holding, and selling will give them the opportunity to make a profit.
Try to be a holder and don't be a weak hand because that will do you nothing but losses.
The current price range is still good enough to buy and hold for a while as the bitcoin price will surely return to a higher price.
The next bitcoin price forecast could be in the price range above yesterday's ATH so it's not too late to buy bitcoin and hold it.
It's easier said than done though, many could be in panic if they see that they portfolio might be going down hard so instead of buying in the dip, they sold and take a lose at one point in time.
And I think this part of being in this industry wherein emotions play a big part.
Now the price is somewhat in the $40,000 region, which is still a good indication that we are not going to fall further or even reaching the lowest low. We still have a good chance to even go as high as $45,000 again.
Maybe all they need is to repeatedly have this kind of experience so they won't panic because they've gotten used to the downturn and can finally use it to buy more.
But if they're never willing to learn what to do when the market is down, they'll just keep panicking without being able to use it for them.
Yes, emotions play a big role but it depends on how they can manage.
The price is still around $40k but the green candle has returned to the market.
So there is a possibility to see another increase in the next week.