Until the trend changes to a growing-it is better not to buy anything. The price of bitcoin may fall even lower, so if you want to buy-buy stable coins.
I don't think it's a good time for investing, since it's likely the price will fall further to $3k personally, in order to fulfill capitulation selling.
However, it's interesting to note that the notorious bear Tone Vays is actually
short-term bullish today calling for a bounce
from the $4,200 levels yesterday. After shorting the market around $6.6k down to low $5k, he's now going long on GBTC (Bitcoin Investment Trust) stock (that follows BTC price), believing a swing upwards is likely in the short-term. Personally I also think due to how oversold it currently is, and the bullish divergence in the rsi particularly, the price will bounce back up to $5,500-$5,850, before falling further. Worth considering if you're a swing trader. Buy red, sell green. Don't get rekt
