Has the Bitcoin Price Bottomed?

[Thirdspace]

price chart is showing downtrends, are we going to go below $6000?
by the look of it I say yes... get your money ready, place your bets at $6k !!
because the chances are either bouncing back up to $9 or it will drop again to $5k
but even if it drops too $5k it will recover or get corrected back to ~$7k

[GayOfThrones]

The answer; in short is no. I see this op is already one and a half month old and BTC has since dropped sensibly. Technical chart of bitcoin now looks awful and it will drop at least until 6000$, and possibly until 3000$.

[appleyard]

Is $9350 the bottom and the start of the next wave up?  It was a strong retracement level, if it break we could be looking at $8800 as the next one.
I am hopeful of it holding, just wondering what others were thinking?

Today bitcoin are now reaching the new buttom to its value. Buying is the best thing to do right now to prevent losing money from your investment.

[hsjd569]

I think that the price of Bitcoin is not yet in the end. It may be as low as US$6,000 or even lower. With no heavy volume increase, the possibility of continued decline is still very high, and then it will go sideways for some time and start to rise.

[vikl56]

I don't think it will fall any further. According to the current market conditions, I think it will soar in the near future. I will be buying some bitcoins and Ethereum waiting for their next surge during this time, and I hope you will also get wealth from it.

[Uncertaintea]

I don't know if this is the bottom but I don't think it is the bottom really. It might drop much further before picking up again but it will definitely go back up.

[deddod]

$6.5K is the bottom of bitcoin price for this week.
The price of Bitcoin is down for this month... 
I do not see a sign of price increases.
maybe I should hold on for much longer. 

[BADecker]

I'm waiting for it to get into the negatives. Then I will get paid just to buy some.

 

[cheesegrilledH]

From the experience and idea i can say it hasnt yet bottomed. I havent, thats why started investment yet

[mulukey]

Currently, the price of bitcoin is $ 6,973.94 (the bitcoin rate is gradually increasing compared to the previous day). The cryptocurrency market is gradually warming up and this is a good time to buy cheap bitcoins. I believe bitcoin will gradually increase in the next time and bitcoin will not go down to the bottom.

[Mumbeeptind1963]

No one can be able to say exert what will be the price of bitcoin the next minute but still looking at the market and the way it goes .

Well my answer is not and bitcoin is just in a bad day. Looking in the bright picture it's just that bitcoin is dropping but will never meet the bottom end. Maybe we can see that its value is small at this moment but there's a low chance of it to reach the bottom. It's price is normal just needs solution to rise up again.

[ipanks]

From the experience and idea i can say it hasnt yet bottomed. I havent, thats why started investment yet

actually, I am not sure that bitcoin has reached the bottomed price because I think no one will know this and it is a big question from all people which invest their money in bitcoin. I only see that if somehow, bitcoin price reach a lower price, then it means we need to buy another bitcoin if we still have a money. but if the price still going to down then it means the price will reach lower than before and that is the good time for us to buy bitcoin.

[pendekar cinta]

For now the bitcoin exchange rate is really decreasing therefore we as traders must be able to calm the heart to not sell assets now In order not to panic other people and the market does not continue like this in the future.

[thaitea.deluxe]

Is $9350 the bottom and the start of the next wave up?  It was a strong retracement level, if it break we could be looking at $8800 as the next one.
I am hopeful of it holding, just wondering what others were thinking?

No, not yet. bitcoin price above $8k is not the bottom. The most bottom of bitcoin price in this year was around $6k.
just keep holding and hope the bitcoin value will recover soon.

[Hobbledehoy]

We can't tell for sure if this is the bottom of the market or not but  I think the price has gone down far enough for now and it will allow time for recovery before going down again.

[unfriendlytealT]

Greed can be harmful, invest at the point where you can get and just hold out for next Btcs high tide LOL

[Granxis]

As long as you do not see the $ 5,000 bitcoin price, there will not be an over-bought opportunity for me. My bottom points change constantly, but the impression Bitcoin gives me is this way.

[ranman09]

As long as you do not see the $ 5,000 bitcoin price, there will not be an over-bought opportunity for me. My bottom points change constantly, but the impression Bitcoin gives me is this way.

I bet 3000usd will the bottom price. I don't know actually, bitcoin needs to regain trust from previous users who experienced high fees and slow transfer. I guessed 3000usd based on some talks and blogs.

[AlexAtom]

Is $9350 the bottom and the start of the next wave up?  It was a strong retracement level, if it break we could be looking at $8800 as the next one.
I am hopeful of it holding, just wondering what others were thinking?

this question seems no end. now bitcoin price is around $7k, i will ask the same thing.
is $7k the bottom point of bitcoin on this year ? i guess there is no answer.
bitcoin and cryptocurrency is hard to predict.

[tanghere02]

When you say bottomed, there is no specific amount to where bitcoins price can drop to. Just like recently, I think bitcoin went down to as far as around $6k, and no one ever mentioned it was the bottomest price yet. But if you are asking if that is the most bottom price this year, my answer would still be no because the first quarter of the year had just ended and their is still the second and last quarter until you really can tell that was the lowest point.