Is this the bottom?

[Geoff999]

From a growth of 25bn to 100bn in a few months, the "Bottom" could be much less than 65Bn for a correction.

It's impossible to know, my guess would be even if the Market cap is 2x what it was in march, so 50bn and then became stable that would still be an incredible rise in value in such a short period of time.

The Market was full of people who saw the 4x rise in the cap and thought they could become millionaires in weeks by buying away shitcoins, then they get angry when it drops down instead of keeps its ridiculous rise. it was completely unsustainable for such a new technology with very few proven coins, I could make a coin and call it "buyme coin" write a very convincing white paper, get a market cap of a few hundred million and wouldn't have actually DONE anything to warrant that valuation.

[Ayers]

We hit less than 65B. Any further would trigger a panic sell to a total bloodbath. Is the storm over for now?

i think the bottom will be lower, because we have two more week before 1 august, and the panic selling just started, bottom is another $300 lower at least, i'm buying now the dips, from stupid panic sellers lol, cheap coin will never be so cheap again, waiting next for when bitcoin go high again

[Kenny001]

We hit less than 65B. Any further would trigger a panic sell to a total bloodbath. Is the storm over for now?

i think the bottom will be lower, because we have two more week before 1 august, and the panic selling just started, bottom is another $300 lower at least, i'm buying now the dips, from stupid panic sellers lol, cheap coin will never be so cheap again, waiting next for when bitcoin go high again

Doing the same. We are going back down in a few hours.

[Febo]

We hit less than 65B. Any further would trigger a panic sell to a total bloodbath. Is the storm over for now?

It is hard to measure whole crypto marketcap since are quite different coins in it, but in it went from like 116 to 65 so it drop on like 56% what could be considered as bottom.  It happened similar in early 2014. Crypto marketcap went from $15b to $8b. But it seems that was not the bottom. Since in next year halved again. So that could be the real crypto marketcap bottom. $30b.

[watemp]

We hit less than 65B. Any further would trigger a panic sell to a total bloodbath. Is the storm over for now?

According to technical analysis, the local minimum is $1700-1800 for bitcoin. Near this level try to buy.

[T-TERI]

not yet. it may continue to 1 august. this hard fork issue must be settled first.