Apparently, the sideways market broke down not out. Are we in a "now what" situation? Or do you think this is as far down as it goes? Even the week chart looks bad for BTC. Any suggestions what to do?
Everything is expected just when the market starts being bearish. Bitcoin could even fall below $20k and settle into $3k just like what had happened before. So what we are seeing right now is never the first time to happen in the market. If you can maximize your purchase this time especially for bitcoin, that would be very great as bitcoin will always be the first to skyrocket and then altcoins will follow too. So never gets depressed and disappointed with the market, crypto market has been here already but after that, a sudden huge price increase is usually observed.
Instead of being disappointed if you place your entry when the price still at the peak, best not be shaken or not to fear but instead if you can study much deeper holding your asset for longer time can still bring you the benefits, not all can take it but patience is always a key factor when dealing with crypto. The volatile nature gives pain in the ass for most traders.
Invest the amount that you can spare and forget even if takes longer than what you originally plan.