it all depends on the pattern with which you trade and also the source of your signals. Bitcoin has seen massive momentum that has enabled it to erase much of the losses caused by the recent slump. This selloff was a surrender among investors, and many clearly feared that the multi-month uptrend that led BTC to its all-time highs was over and a deep regression was imminent. Nevrtheless, the bulls have now gained full control over the price development of the crypto and are now able to record a clear further upward trend in the short term. i do say it's outrightly wrong to just sit back hodl and wait to contnue incur more losses along the line, instead find away to grow up your portfolio I was able to grow my through the help of Raymond Anthony Sammak which I have made about 10 btc lately. [@Druss](/user/profile/Druss) what do you think of my explanation

It is going in the right direction, but now Bitcoin would need a catalyst, like e.g some large buyers stepping in. So far this has been rather mute though. E.g. no substantial outflows from coinbase . Until then the price might stay in the $30k - $40k range.