In the monthly chart, we're firmly in bearish territory after the bearish monthly MACD cross. There is a lot of momentum behind such a move and it needs time until we can get green again in the monthly timeframe.
Looking at past history, and assuming that the timescales will be roughly the same this time, we can assume that we'll find the low in early february 2019 at around 2500 USD. It could be faster, or slower, we cannot assume that
we'll definitely see the exact same speed unfolding this time.
But as a rule of thumb, one can start buying bitcoin unter 4000, and really really start buying at 3000, hehe. At least I will do that, of course I don't wanna tell you how you should invest your money :)
Looking at past history, and assuming that the timescales will be roughly the same this time, we can assume that we'll find the low in early february 2019 at around 2500 USD. It could be faster, or slower, we cannot assume that
we'll definitely see the exact same speed unfolding this time.
But as a rule of thumb, one can start buying bitcoin unter 4000, and really really start buying at 3000, hehe. At least I will do that, of course I don't wanna tell you how you should invest your money :)