When will the bottom be reached?

[jossiel]

It has reached $3,900 just right now. It's worth it to take bitcoin at any position right now if you are long term with it. No one has the word to say on what exactly is about to happen for this year.

But just decide on your own if you think you are satisfied buying right now at $3,900. If you aren't then you can wait a bit more and prepare for more dip which is said to be $3,000 or even under that.

[mrcash02]

With the most recent attack wave it has dropped to $3900. It was going well trying to stabilize near $4200-$4300, but there isn't enough strength do to that yet. Seems any resistance now is in vain, the tendency pushes down dragging everything through the way. The bottom isn't clear, and I have seem predictions that it could reach even further, to $2500.

[allohm]

Longs are a bit stupid guys in such a market. Instead og going after a falling knife there could be a better strategy: remove all longs up to e.g. 10$. All these morrons that are selling would suddenly sell much lower (only shorters would win big) but longs would then win big x multiple times. and that way the bottom would have been reached quickly enough.

[figmentofmyass]

the real absolute bottom in my opinion has been $6000 without a doubt. and  we had every reason and market signal to believe that. not to mention that the real value of bitcoin is at least $3k above that mark around $9k.
this current price is fake and due to unrealistic reasons and pressures from manipulation and that makes it unpredictable. anyone who comes up with a number as the bottom is throwing in the dark at this point.

i don't think so. i think most holders (including myself) just convinced themselves that the $6000 bottom was an accumulation area. i speculated early on that the sideways was just a bearish consolidation before tagging long term, tested supports around $3000. i wish i stuck with that analysis from the start.

either way, i knew this outcome was possible. there's no need find "manipulators" to blame and the price is totally realistic. we haven't even come close reaching the losses of the 2014 bear market, so this is all still familiar territory.

[bitcoin31]

I don't know what is bottom price of the bitcoin before end of this year 2018. Because the only possible to happen if continue panic selling more people lose money and price increasing. But we can avoid it if will stop do the factor that cn affect to the bitcoin price.