If any investor wants to make a long term investment, now is the ideal time to buy Bitcoin. Because, most of the people in the crypto world don't think that the bitcoin market will come to this level, but the market has actually come to this level. Now, if anyone enters the market, it may be a good thing for him, because it was beyond the imagination of many to see Bitcoin below $20k again. As Bitcoin now offers another opportunity, investors should make long term plans to buy Bitcoin.
When we take into account the long term prospects of bitcoin then without a doubt this is a good entry point, however it is also important to be careful since the price is still going down, there were people which bought at 30k which are now mad they did not catch the bottom, and even if the price at which they bought their bitcoin is a really good one, at the same time some of them are already showing signs that they may not be able to hold their coins anymore in the case the price keeps going down, since they never expected for things to get this bad.