Looking at the chart it seems like we appear to be at the bottom of the recent trading range.  That gives me the feeling that we're about done dropping for now.  Could we fall further still?  Sure.  Anything is possible.  However, I'd feel OK buying here, especially as part of a dollar cost averaging plan and I think we'll soon be making another run for $30K.  Bitcoin seems to be a little spooked by the calls for a coming recession growing louder.  I don't see any specific reason why we would drop further from here though.  Just traders doing what traders do.