It is very likely Bitcoin has already reached its lowest it will reach for this cycle. It is smart to start buying in these levels to take advantage of the consistent cyclical nature of Bitcoin.
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BTC is about to enter its "parabolic" phase and head towards new highs. My estimate is somewhere between 125-150k.
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We have a breakout and are now entering the "parabolic" phase. Cyclically, there is still a lot of time so make sure to tailor your expectations. In the next consolidation you will likely see the big altcoins catch up. This will mostly include ETHBTC which has been in a slump for the last 3 years.