The bottom is near...

[Leo]

BTC at 6000
ETH at 200
LTC at 50

looks like the bottom is close people....

what do you'll think?

Yeah I thought as much also,  it seems that the bottom is near and almost over,  I believe that the bull Season will arrive sooner than later because it's been quite a while we experience it

[Eugenar]

BTC at 6000
ETH at 200
LTC at 50

looks like the bottom is close people....

what do you'll think?

Is there such thing as bottom? The market value of cryptos have gone insanely low due to the continuous market downtrend this year. From being at their peak last year, things went the opposite for this year.  No one knows until when will this downfall continue and so as when will the increase take place. Also, no one knows if the situation would be worse or be atleast better as this year end so maybe it would be a better idea to see it ourselves.

[DPrillio]

BTC at 6000
ETH at 200
LTC at 50

looks like the bottom is close people....

what do you'll think?

Is there such thing as bottom? The market value of cryptos have gone insanely low due to the continuous market downtrend this year. From being at their peak last year, things went the opposite for this year.  No one knows until when will this downfall continue and so as when will the increase take place. Also, no one knows if the situation would be worse or be atleast better as this year end so maybe it would be a better idea to see it ourselves.

Yes, that value is not the basis that the bottom is near because the fact that bitcoin once has the value of 3000$, I understand that cryto market still its developing stage that is why everything is very volatile and all dependent to the people's behaviour on how they accept crypto and their decisions on handling their investment.

[BryanK]

We have reached the bottom of the cryptocurrency in August this year, I believe that from the current position will be only growth and correction in a positive way

[Sendi blackspade team]

We have reached the bottom of the cryptocurrency in August this year, I believe that from the current position will be only growth and correction in a positive way

yes I'm sure there will be a positive correction but it won't be big. the market will grow slowly but with a small volume. I think the beginning of the year is the right time to increase the market not later this year.

[poodle63]

Remember the old saying: "the longer the base, the higher in space!" Meaning the longer we go sideways the more violent the move will be when we do eventually break out.

It would be nice if this were all true. But the cryptocurrency market defies the logic of sayings. He lives his own life and according to his own rules. Therefore, too much hope is not worth it.

Totally agree with you, this year showed everyone that no forecasts for Bitcoins do not work and the market is subject to manipulation and is not predictable.

A lot of manipulation in the various small exchange site. The market was moving based on the news, speculation, and rumours, all of these things were driving the price of crypto by created a good or bad trend to the crypto. When there was a news about vitalik died and then how the ethereum market was giving a negative reaction to the price.

[Dvd1989]

Remember Common Mistake #4: Selling your #Bitcoin during a panic crash. If you’ve invested in #Bitcoin, then you should know that it’s a long term holding. You’re not looking for quick profits, so don’t get impacted by volatile price movements in the short term. Don’t panic sell!

[res1dentev7]

It is very far from the bottom and don't make your life worse with such mood. Thsi is crazy market and crytpo is jumping with prices all the time.

[Froy]

BTC at 6000
ETH at 200
LTC at 50

looks like the bottom is close people....

what do you'll think?

It was the first bottom, now the second bottom is close. And then stabilization and further regress will begin again.

[Dvd1989]

I'm hearing technical analysts predict a bottom of ~ 3.500,=. I have no clue what will happen to the market when Bitcoin reached a bottom that low. I would not be surprised if people get truely desperate.

[alexxxxandras]

bottom is good, all of us once dream about correction.

[irsada]

I'm hearing technical analysts predict a bottom of ~ 3.500,=. I have no clue what will happen to the market when Bitcoin reached a bottom that low. I would not be surprised if people get truely desperate.

it seems that such a terrible dream will occur if bitcoin hits a price of $ 3500.
many people will lose confidence in crypto.

[MikeyVeez]

6000$ is not the bottom, also 5000$ seems that this is not the real bottom, so where is the bottom? There are actually 3 strong supports at 4400$, 3000$, 1700$.

[aragom]

6000$ is not the bottom, also 5000$ seems that this is not the real bottom, so where is the bottom? There are actually 3 strong supports at 4400$, 3000$, 1700$.

bitcoin will see the 2000s until end of the year.
there is no any positive news or new investor enter market.
it will fall compulsorily

[batishta]

BTC at 6000
ETH at 200
LTC at 50
...

It was even an optimistic forecast. When everyone is waiting for the market reversal with hope, he brings another surprise - a new fall. I hope this is the last fall. I believe that the green market will come soon

[CowboyX]

We have reached the bottom of the cryptocurrency in August this year, I believe that from the current position will be only growth and correction in a positive way

unfortunately the bottom has not yet been reached. Bitcoin continues to decline, and many are now in panic. it is very important to keep calm at this time. can not be sold at a loss. It is necessary to hold out until the positive news and after they begin the trend reversal

[Dvd1989]

I've seen the following tweet for CZ (boss of Binance), and it speaks to me:

I wish I could tell you my lame story from 2015, when the $btc price "crashed" to below $200, and I just sold my house and bought in at $600 a few months earlier...  Well, I am still here.

Just hold on guys!

[Cnut237]

I've seen the following tweet for CZ (boss of Binance), and it speaks to me:

I wish I could tell you my lame story from 2015, when the $btc price "crashed" to below $200, and I just sold my house and bought in at $600 a few months earlier...  Well, I am still here.

Just hold on guys!

It is good advice from one who has seen it all before.
Basically it comes down to: do you believe in the long-term future of crypto?
If you do, then we are still in the early days before big institutional investment, and the current bear market is just another bump on the road. We are still years from market maturity and prices should rise considerably over that sort of time-frame.

[COPARTT23]

Where was the bottom, we can only say after the trend change and the beginning of a new ascending channel, but for now we can only expect and buy in parts

[thepanicpoint]

There is no bottom at the crypto market, first of all we need to understand this, for example btc dropped to 4200-4400 and if it drops to 2k dollar? Everything can be at this market so I dont think that we can say we are near to the bottom or not.