With Bitcoin, at the very least, I would want to see a Green Daily Candle before even thinking about Longs.
And, ideally, after consolidation and with an accompanying change of Market Structure.
Right now, we don't have any of these factors so my Bias is slightly more Bearish than Bullish.
Could the lows be in at the current price?
- Don't guess, but increase the probability of getting it right by letting Price Action tell you where it wants to go.