Do you think we reached the bottom?

[allthebitandbobs]

for now anyway i think it on the recovery

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[barabut]

Yes we have already reached the bottom and now,even the price is recovering soon.Its price has increased from yesterday's range of $7,000 and now its $8219 today.

As you know 1.2kUSD rise is nothing, we saw 10x of this movement but unfortunately the movement we had was strong, all is frightened at the end. I start expecting to see 5kusd levels then may be 3kusd is possible.

[greenclub09]

i believe bitcoin is not at the lowest price because rightnow we have just only seen the small recovery from bitcoin, but still dropping slowly every hour, we are at the high risk way, so think carefully when trading in this time, bitcoin is very fluctuative recently, the fact is from 7600$ yesterday but soon reached 8400$ and slowly drop until 8000$ now. i don't know exactly will bitcoin drop more than this in the future but i know the risky time to trade.

[NorrisK]

I think there may be one more crash before price starts recovering over the next couple of months.

Though the positive notes of the US senate may help boost confidence and result in a faster price recovery.

[Irvinn]

It is difficult to say whether bitcoin reached its price bottom or not. While he then rises a little, it goes down. However, in general, it is gradually rising, which indicates that it is being restored. However, it is rather difficult to predict its further behavior. This complexity is also added by the fact that bitcoin does not eliminate its shortcomings for a long time, because of what it has recently lost its popularity and demand.

[Gabb]

I think yes, and I also think we will be in a bear market for a month or so

I believe that this has not yet ended, and rather seems to be the beginning of a prolonged stage of turbulence in the market, because given the strong and unexpected fall of these recent weeks, a climate of uncertainty and distrust has been planted.And it seems to be aggravating before the great attention that this episode has generated among investors, media and financial authorities, so we should be mentally prepared for the worst...

[Procopiogamscrypto]

Not sure.  It looked like earlier it was going up and it did for a while and now a little bit down again.  I think it's struggling and won't fly for a while.  People are cautious and rightly so.  I think buying now would be a great gamble.  I'd wait to see if the price drops to 6 again and buy in then if I was really set on buying.  But I don't think it's anywhere near out of danger zone yet. 

Nobody can conclude how deep it will go and when will be kick out start, If you want to invest in terms of buying coins , maybe try to wait a little bit, because it seems, it might be reached to 5k , but still all of the above is just speculation, anyway just use your instinct to do so, maybe it's your lucky time right now

[levvv]

it is plausible, because the current position is above from the time you started this thread.
but it is still uncertain, whether bitcoin price is still have a falling trend or not.
we should be holding our coin.

[appleyard]

I think yes, and I also think we will be in a bear market for a month or so

No after doing a little bit of research i fount out that the status of bitcoin compare to last year the same month is little bit identical so that if i am correct the value of bitcoin will rise after a few weeks. because of the holiday season is over. the best thing to do right now is to hold and buy.

[Asuspawer09]

I think yes, and I also think we will be in a bear market for a month or so

Before concluding, what do you really mean by that bottom? People have different says for that and also perspective. What I am seeing is for you telling the deepest hook on bitcoin value. But as I read this thread the bottom of my perspective is a total zero. Which is obviously a no for me if you are to ask if bitcoin just reached it.

[jancukiyah]

For the price of bitcoin now, it's not yet reached the bottom. Me and we all also agree for that. Bitcoin can reach the highest price from now. Because if you join bitcoin from 2years ago, that's sure you can got a lot profits than now. No one can predict about bitcoin price, just wait and do the best for your own kingdom.

[gabmen]

I think yes, and I also think we will be in a bear market for a month or so

Before concluding, what do you really mean by that bottom? People have different says for that and also perspective. What I am seeing is for you telling the deepest hook on bitcoin value. But as I read this thread the bottom of my perspective is a total zero. Which is obviously a no for me if you are to ask if bitcoin just reached it.

He probably means the bottom of this current correction. And i think we've already bounced back from that a couple of days ago since we're now testing again the 8-9k waters. Btc got a good boost from the sec senate hearing and a lot of people took it as a good sign so bearish market is likely ending and we're going sideways for the moment

[Eugenar]

I think yes, and I also think we will be in a bear market for a month or so

I am not sure about it but hopefully it won't fall even more. As we can see at this moment, its market value is starting to rise,slowly, but that's already something to look forward with than the continuous backdrops on the past weeks. We should focus holding now and investing to make the increase continuous and for its price to fully recover.

[Smarty14392]

I think no. It can goes to lower than $5k for several weeks. Look at the chart, the chart shows that

You can’t say anything as you never know the market value in the days to come as the market value can fall down as well. The thing is no matter what the conditions are, you need to prepare yourself in a way that you can make out the maximum advantage out of that thing. If the market is going down, try not to get panic and keep your control over your nerves. Do not make such kind of decision which can make you feel regret in the future.

[terrific]

I think yes, and I also think we will be in a bear market for a month or so

I think that we already reached the bottom too. The bear market has not yet done? The whole month of January we are into that market. But who knows if that bear will here to stay but as I'm checking the price there's already a good sign that we need to be ready for a bull market very soon.

[kazakova]

I think yes, and I also think we will be in a bear market for a month or so

No, I think the prices can still go down more. It is heavily affected by news related to crypto.

[appleyard]

I think yes, and I also think we will be in a bear market for a month or so

No one knows but the fluctuate to its value is sticking to 8k+ marks so this just normal but after the pick season this will get a huge impact to value. hope it will get back to value from the past month to be able to gain profit.

[bitfocus]

I think BTC price May Have Bottomed Out from this article here https://www.bitcoinmarketinsider.com/bitcoin-price-may-have-bottomed-out/

[wisdomcn]

 I believe that as the US senate hearing was positive to the bitcoin and other altcoins. It would help for the recovery of the bitcoin price and other altcoins. The price have to rise, and I believe also that it would help to sustained the price of bitcoin and other altcoins.

[kmlhsan]

There is unrest in the market of crypto-currency.  It is expected that the situation will not last long. The crypto-currency market will return to its former state.