The way Bitcoin price is going down every week is seems we might be getting back to amount of $40-35k if care is not taken because from all indication the market price hasn't been productive and we can't say it will get back to that amount we have all been expecting like the $70k and I have been hoping to see Bitcoin price hit $70k since the last time it got to that amount. For now Bitcoin price is $54k and the week have just started but I can't say it will get to anything close to $60k before the week runs out and this month can't get to anything close to $60k.
I think there have been several discussion on possible scenarios the market could take and how the investor could go about them to maximize the opportunities available in the market. First of all, this is not a time to panic because we have been there before and Bitcoin recovered and came out strong. What is required at this point is to device means of making good use of the market condition to position ones Bitcoin buying deploying any of the methods discussed or a combination of some of the methods to achieve the best possible result. What I have done is to adjust my approach, that was strictly DCA method before, to a hybrid system of DCA and buying the dips at different levels.