https://www.cnbc.com/2018/02/02/bitcoin-is-bottoming-expect-a-70-percent-surge-trader.html >The old saying goes, "buy when there's blood in the streets," and that's what I'm doing with the recent bitcoin price action. >Bitcoin traded to a low of $7,700, this level is a loss of 25 percent on the week and 40 percent on the year. That $7,700 low is ironic because it is the same level that it broke above and began a parabolic ascent in mid-November.