People are waiting to buy lower, but what if you're wrong and this is the bottom?
You never know what's going to happen next.
If we are seeing from how the bearish market cycle is ongoing, this should not be the end of the bear market, based on cycle and alsoindicatr. However, everything may happen suddenly and unpredictably.
That is why I personally prefer to do DCA or buy Bitcoin by average at certain rate drops. So, we have add or collect some amounts of cryptos. In this case, although we don't know whether this is the exact bottom or not, never do all in for investment, because as wesay, we don't know yet this is the end or not yet.