If you are confident that the prices will not go down any further, then you can proceed with your plans to purchase Bitcoin. But I don't think that you can be sure about that now. The trend indicates that the prices will fall even more.
It's really hard to see where the price could end up at this point. But if you wanted to be what they called a bag holder and long term holder then you don't have to be a rocket scientist. Just invest today and don't bother with the price for a year or two. But if you're going to short bitcoin then I say this is not the right time to do that trick.
