The current situation is not good for crypto market and with Bitcoin price we can see this. Like for now the bitcoin price has gone down by 20% in a matter of 30 days. For crypto market this fall is not something we see for the first time and it's quite common in this market but still it's a big percentage of drop that we have seen with Bitcoin.
While Bitcoin is down then we can see price drop on many other coins also. Alt coins bare badly impacted this time and prices are like at rock bottom this time.
If you're expecting the rise soon then I think it's high time when you need to change your strategy. Obviously the market is unpredictable but still if you invest this time with long term horizon then the probability for nice returns would be higher.
While this price for the Bitcoin may be concerning for many but for long term investing this can be a good time to enter. Many people don't enter the market because of the higher price so this can be a kind of opportunity for them to enter the market.
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