BTC has been in a nasty downtrend for the last 6 months or so, granted we did only fall ~60%.
If we go sideways for the next 3 weeks or month, could be a good buy signal.
At the same time, I wouldn't be surprised to see another break down. Until we move above that downward channel confidently, I'm sitting on the sidelines.
Let's see where we're at in 1-2 weeks to reconsider. If we're at the same spot, I feel we are in an accumulation zone.
This isn't financial advice, just stating my opinion and wanna see if my lizard brain can make a correct prediction