Market Cap below $170 Billion. Where is the bottom?

[Qcrypto]

Bearish trend continues. Market Cap dropped by 20% in the last week alone.

Where do you see the bottom and recovery?

[1714859288]

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[Bonheur]

There is no bottom.There is no dip.There is only hodl for me.People can be running away but this people will also come back when the storm calms.So I don't think these kind of graphs show what will happen to bitcoin.Bitcoin is like a living entity.It can do the unexpected in the most unexpected time.
I am staying with this ship.I don't own a lot so I don't have much to lose but I am not going to leave.This is an opportunity if you ask me.Bitcoin had this kind of strokes before.And it will have them later.
Better stay calm and safe.

[Qcrypto]

There is no bottom.There is no dip.There is only hodl for me.People can be running away but this people will also come back when the storm calms.So I don't think these kind of graphs show what will happen to bitcoin.Bitcoin is like a living entity.It can do the unexpected in the most unexpected time.
I am staying with this ship.I don't own a lot so I don't have much to lose but I am not going to leave.This is an opportunity if you ask me.Bitcoin had this kind of strokes before.And it will have them later.
Better stay calm and safe.

People keep buying the dip which is happening all year long. There has been so many people saying they bought the dip and them it went further down.

Can we know or speculate when will the BTC hit the bottom price?

[Jazia den Bairs]

I also want to know when will the Bitcoin hit bottom, I wanna buy cheap

[Bonheur]

There is no bottom.There is no dip.There is only hodl for me.People can be running away but this people will also come back when the storm calms.So I don't think these kind of graphs show what will happen to bitcoin.Bitcoin is like a living entity.It can do the unexpected in the most unexpected time.
I am staying with this ship.I don't own a lot so I don't have much to lose but I am not going to leave.This is an opportunity if you ask me.Bitcoin had this kind of strokes before.And it will have them later.
Better stay calm and safe.

People keep buying the dip which is happening all year long. There has been so many people saying they bought the dip and them it went further down.

Can we know or speculate when will the BTC hit the bottom price?

I don't think anyone can predict that.The bottom price for any coin or btc in this market is 0.This is not like other markets that most of the time charts show something and it happens.
Some people think that the mining price is the dip.No, I don't believe it either. Anything is possible. It can go way below mining price.Or not.That is the beauty of it.Noone can predict what will happen.It was a surprise when it was 19000 dollars and it is a surprise now.It can be 19000 tomorrow as we know.
Other than that anything is possible.
That is why I am staying my ground.
Not buying now whether it is the deep and I am losing a chance or whether it will go down more.
I also think people should just decide themselves and not suggest buying right now.When the market is losing blood and money is running away and people start to attract someone else to invest.Then that looks like a ponzi.I hate it when people says that and I hate it if they have an agrument like that.

[Sharon121212]

Well firstly when ever a marker drops it is referred to as bearish market and bullish is the opposite. I don't think there is any pegged bottom amount or any pegged recovery state either cryptocurrency market like most market is volatile and can rise and fall and the moment things are not all so good but when a good bullish market strategies are employed our loses can be minimal

[rudiyanzxc]

No one knows the bottom. the price is really hard to predict, although it's already forming a good sign sometimes it's still falling down.

[Oniko]

Cryptocurrency capitalization has fallen by another $ 1 billion and now stands at $ 168,913,254,410

I think that until the end of the year the trend of the market decline will continue.

[KryptoKnight78]

Guys, dont be scared. These whales has just sold their Bitcoins to manipulate the Bitcoin price. They are casting fear among Bitcoin holders.

[bellamente]

No one can now definitely say whether the market will grow in the near future. All this is just a guess.

My opinion is that the cryptocurrency price will be rising soon. Start around mid December

[dothebeats]

The bottom $4200 could really be true. Support placed on $5500 just yesterday was bleak and easily succumbed to sell orders and everything has gone haywire from that point forward. I admit that it was something I haven't expected but it seems that the supports are just traps placed by the bears. Short-term future remains bearish, bottom isn't called yet and this carnage seems to continue until the end of the year.

My take: $3800-$4200, and that's still being optimistic.

[jpoker272727]

Expect more low in few days.
We are suffering from fall now, but lets not panic.
we should hold more and wait for the rise.
fall will stop soon and together we must look forward for the better market in a week more more.
December will be the bast month this year!

[KingScorpio]

Bullish trend continues. Market Cap dropped by 20% in the last week alone.

Where do you see the bottom and recovery?

marketcap is just a fake figure run by the index mafia, i have a token with 50 billion marketcap alone. the marketcap has no meaning.

sinking marketcap currently only proves failure of bitcoin and the cryptoindex mafia.

[Slow death]

Bullish trend continues. Market Cap dropped by 20% in the last week alone.

This being a very complicated year, I wonder what Christmas will be like?

Where do you see the bottom and recovery?

Do you still think someone knows the answer to that? look this year how many people made predictions and how many predictions were right? It's only proven that nobody knows. We were in the $ 19000 and saw the price fall every month and today we are seeing the price back to the  $5200, yes this is a disaster

Cryptocurrency capitalization has fallen by another $ 1 billion and now stands at $ 168,913,254,410

Market Cap: $169 696 734 246

after you post fell even more

Guys, dont be scared. These whales has just sold their Bitcoins to manipulate the Bitcoin price. They are casting fear among Bitcoin holders.

People are losing money, of course they will be afraid

[jagdeepjd]

The bottom is nowhere now. This market is crashing badly and no one is able to predict the low. But I do feel we are going to bounce up sharply soon. We need to wait for this hash war settle down.

[thecodebear]

I think the final bottom will be in soon. Bears are going buckwild right now to get this last break down through the resistance. Smart people are buying, dumb people are selling (unless they are lucky enough to buy in even lower soon). Don't know what the bottom is but I think it won't take long for the market to find it with it dropping so fast. This feels like the opposite of what was going on almost exactly a year ago - the last punishing price movements of the prevailing trend before the trend breaks down and momentum shifts. My guess since BTC is at $5000 right now it'll maybe drop under $4500, and the whole market might drop to $150 billion for the final bottom.

With any luck it'll still be around $5000 in a couple months cuz I'm greedy and wanna buy a bunch of delicious $5k Bitcoin when I have money again!

[Qcrypto]

UPDATE: $140 Billion

[figmentofmyass]

I think the final bottom will be in soon. Bears are going buckwild right now to get this last break down through the resistance. Smart people are buying, dumb people are selling (unless they are lucky enough to buy in even lower soon). Don't know what the bottom is but I think it won't take long for the market to find it with it dropping so fast.

i definitely don't think we've found the bottom yet. i just don't see high volume. i also haven't seen the sheer despair of 2014-15 or the $6000 low early this year. we're building towards a big bounce soon, but we're also still waiting on the final capitulation. prowdclown sees this crash as the final selling climax before an accumulation phase---i tend to agree.

not sure about total market cap, but i think the $3000 zone is gonna be tested in the next several weeks. hopefully we won't go much further than that.

[sunsilk]

UPDATE: $140 Billion

$145 Billion now.

It's hard to determine if we're already in the bottom. But wait for further movements up to few days. No need to panic if you have faith to bitcoin and the crypto market itself.

I also want to know when will the Bitcoin hit bottom, I wanna buy cheap

It's cheap now.

You just need to determine the acceptable price and start relaxing after buying. $4,500 for is quite cheap already but some said it can go further and can reach $3,000. No one can really predict well.

[jrrsparkles]

Still falling anf the ottom not yet found,people says we are reaching $3000 by this bear run so the real bottom of the cap values are also lies there.Looks too horrible now because redi is everywhere and the people have no reason for investment of bitcoin and others if they are entered market at 2017 and still holding it because this is a huge loss for them with the current prices.