It is indeed a tough time to choose to get into Bitcoins in January. But eventually many expect it to eventually bounce back and possibly exceed its Jan 20th price.

However, looking at the fundamental metric I wrote about recently I would not expect to see real recovery until that metric begins to creep up. No matter what the TA or chart says, if is use case as measured there continues to fall no recovery will likely get sustained. That lower low that Haejin was pointing out a few blogs ago will likely continue to be in play until that metric recovers.