Today is a bad day for cryptocurrencies with a lot of them down more than 10%. There is also predicted to be news about CPI later today which has never been favourable for the markets this year.
Of course, for the seasoned investors, this is when you start considering to buy Bitcoin specifically, or you actually buy it and dollar cost average in if the price goes lower. You buy the blood, real blood like this, and you sell the greens.
One thing that is sure is that the market will rebound a bit after a long period of downtrend and you can make some sweet profit. This is not the time to buy though if you want to hold for long, or to long any coin on futures. No one knows where things will bottom out and you can get liquidated.
In the long run though, this is time to start accumulating Bitcoin and Ethereum.