For those people who had been waiting up for some time on buying out cheap, then having some purchasing as of this time wont really be that a bad idea.
Sorry for those who had on futures and going for long.For sure they had been liquidated.
I still do not think this is the lowest point in this bear season. BTC moves sideways from where it is now. Lowest bottom don't stayed for longer. Its a quick wick in the candle stick and then market just start recovering. I am still doing DCA in this market and will do till it hit 12k. Below that i just stop buying because that is the lowest low for me in this bear season.
Still unknown as the market continue to move sideways and that last week bounce seems to be a good trap for people who thinks that it was the start of bull but now we are seeing difficulty to bounce back from that last $20K+ position, as of writing the value is $16k+, good enough for those who are willing to take long-term investment as the chance of seeing new ATH might take place after several years.
Starting from the dip will always give every investor and traders a valuable opportunity to make decent and profitable investors.