Obviously, if we look at the market today, we are still in a downtrend scenario. There are many things to consider in order to place the market in an uptrend, and that will depend on what happens to Bitcoin or cryptocurrency investors and the news that will come about it.
In addition to that, the bounce is not enough to recover and change position towards the uptrend. Due to the volatility of the market today, it is still very difficult to determine whether it will kick strongly or not, so let's see and watch while we hold the bitcoins we have.
The majority of crypto investors had no other option than ultimately be hodling and accumulating bitcoin throughout this downtrend movement of bitcoin price since it appears that our predicted price of bitcoin, which we expected to be at least around $35k–40k towards the end of the year, will not be achievable this year. It will be in the same way a thoughtful idea for us to use a DCA method throughout this downtrend movement of bitcoin price until the green candlelight starts