Here is the Logarithmic Channel for BTC. We are closer to the bottom of the channel. We can drop to ~30k to grind the absolute bottom, but I cannot see that last for long. Any investing taking place around these prices should be considered a safe investment for long term. The upward potential is massive and any dips in price from here should be treated as buy opportunities. Don't let price action and manipulation of the market with scare tactics push you to sell you BTC. BTC has many years of history and if you are new to crypto, don't freak out too much, these are just the normal cycles. If you are worried and freaking out, just zoom your chart out to really see where we are in the channel as I am showing you. Look at the overall Logarithmic price and not just a zoomed in section of price action and it'll help you understand a lot better. DYOR. Obviously this is not investing advice, I am simply helping some who might not take the time to zoom out, to see where we truly are in the channel.