Did Bitcoin REALLY Hit The Bottom? Are We There Yet?

[South Park]

You seem to advertise the exchange nauticus. No one knows when the market will turn. How long can we discuss this?

There are probably going to be threads about this as long as the market does not recover and once it does then people will try to predict the top of the market instead of the bottom and they will try to predict as well when and how long the recovery will take and once that ends they will begin to speculate about the coming crash and where the bottom will be again, this is natural and it is probably the only thing we can predict with any degree of certainty.

[CPN99]

You seem to advertise the exchange nauticus. No one knows when the market will turn. How long can we discuss this?

Ya, plain advertising to promote nauticus, nothing more. I dont think that OP is really interested in our opinions about BTC ...

I think so too. he is here trying to promote the exchange of nauticus by dressing spices related to the btc movement. 

The point is I personally respond in the crypto world everything can happen, fast or slow, so we just need to be patient and calm. not easy to panic when there is negative news and not necessarily when there is positive news. we need to check the credibility of the news first.

[cp_underground]

maybe in nearly bitcoin price can hit under $3000/Bitcoin, but as you know this is just my own speculation about bottom price for bitcoin in nearly time again, and DWYOR

[tomahawk9]

It's hard to say, probably no one has the answer to your question since we can't predict the next market movements, but we can speculate.

From what I've read (news outlets, crypto specialists, etc), a lot of people say that we've reached the bottom at around 3.2k, and from now on we'll stagnate around the current prices until the next pump wave hits the market. Anything can happen, we could actually drop to sub 3k but I think it wouldn't take too long before it goes up again due to the high demand that sub 3k will trigger in the market.

Look At This Bullish Chart Action! - https://nauticus.exchange/exchange/NTSBTC

Take your shitty webite some place else 

[aervin11]

I could sense some promotion going on in the part of NTS, cool. I have some of those coins I don't bother, now talking about bitcoin, I could say nobody knows, ETF is again withdrawn so maybe a lower price is now possible. Maybe a year of sideways is enough for it to breakout 

[tabas]

maybe in nearly bitcoin price can hit under $3000/Bitcoin, but as you know this is just my own speculation about bottom price for bitcoin in nearly time again, and DWYOR

I don't want to think negatively that bitcoin will go under $3,000 but there's a possibility. I just don't want to expect too bad on what happens to bitcoin. The market moves slowly and people are rushing and keeps on asking on how long we're going to experience this bear. We have hit the bottom, I'm assume since I don't want to add more discouragement to myself.

[btc78]

I know a lot of users thought 6K was the bottom for BTC...then it plunged another 50% down to $3200. Right now BTC is looking pretty strong, it had a HUGE spike from the support level. This COULD mean a reversal is imminent  Right now, I've been trying to accumulate as much NTS and BTC as possible. Every time BTC or NTS dumps a little bit on Nauticus, I've been picking some up. I think this bear market could be coming to an end and if it does we might see the next bull market start. Now, this could be a bull trap, but right now a lot of traders are optimistic and appear to exiting short positions and going long, so we will see.

Look At This Bullish Chart Action! - https://nauticus.exchange/exchange/NTSBTC

Struggling at the below and above $3,500 value means any possibilities can occur interms of price changing so for me bottom is still in progress.you are right when you said that everyone though we had reached the bottom at $6,000 then another one is the lowest of $4,000 but all of a sudden we are below that level so expect more movements everyday as unstable market still exist on our community

[Dragonrage201]

There are some analysts who think the bottom is in while some others think another lower bottom in the $2000s or lower is still ahead. If bitcoin can take out $6K with conviction, then it should be up and away.

[batang_bitcoin]

You seem to advertise the exchange nauticus.

They create more discussions while plugging that at the end of the thread.


We still don't know if bitcoin hit the bottom, the next bull run is imminent. But we have no idea when it will trigger.

We like Nauticus and want more volume so it can be our one stop shop. Issues?

The issue is you've been plugging it to different threads.

[Legitimate9322]

You seem to advertise the exchange nauticus.

They create more discussions while plugging that at the end of the thread.


We still don't know if bitcoin hit the bottom, the next bull run is imminent. But we have no idea when it will trigger.

We like Nauticus and want more volume so it can be our one stop shop. Issues?

The issue is you've been plugging it to different threads.

With Bitcoin or Nauticus? Bitcoin is one of the only coins I actually fully trust right now. As for Nauticus, it pumped 300% from its lows and is up 50% from ICO price. That's pretty good for a new coin on the market especially since this market has been trash for bulls all year long. I think both BTC and NTS has value. This is just my opinion, but look at the NTS and BTC charts. BTC has been getting hammered (it could still dip lower), but this may be the bottom. NTS got hammered, then rose and has remained in a strong position for this past week. That's the kind of price movement that I like to see. I haven't been wrong once with any of my posts. This is not financial advice, but my opinions have made me some nice gains lol.

[Tienquyendahn]

I'm buying now but I still have cash in case btc goes down to 2000USD then I'll be all in.

[sham100899]

I know a lot of users thought 6K was the bottom for BTC...then it plunged another 50% down to $3200. Right now BTC is looking pretty strong, it had a HUGE spike from the support level. This COULD mean a reversal is imminent  Right now, I've been trying to accumulate as much NTS and BTC as possible. Every time BTC or NTS dumps a little bit on Nauticus, I've been picking some up. I think this bear market could be coming to an end and if it does we might see the next bull market start. Now, this could be a bull trap, but right now a lot of traders are optimistic and appear to exiting short positions and going long, so we will see.

Look At This Bullish Chart Action! - https://nauticus.exchange/exchange/NTSBTC

the good news is that, bitcoin is still in the middle of its prime and we didnt even at the bottom at it. We can  say bitcoin is still hanging on to its dear life because once bitcoin reach its bottom, every altcoin in the market will be dragged by it to and nobody wants it of course.

[Krabat]

In fact, I believe that the bear market has long been over, it happened back in early December last year, it may be embarrassing for many that Bitcoin did not begin to actively grow. I explain this to myself by the fact that now whales are busy increasing their deposits in bitcoin, and therefore they delay its growth.

[#Bentley]

In my opinion, there is a small chance that in the next two months Bitcoin may fall in price below the level of $ 2,800, but this probability is so small that I do not see it as a serious opportunity. In any case, in the long run, Bitcoin will continue to grow in value. Therefore, now you can safely invest in it.

[Fedrey]

In my opinion, there is a small chance that in the next two months Bitcoin may fall in price below the level of $ 2,800, but this probability is so small that I do not see it as a serious opportunity. In any case, in the long run, Bitcoin will continue to grow in value. Therefore, now you can safely invest in it.

Information about sufficiently authoritative people in the cryptocurrency world has repeatedly appeared, that we have already reached the bottom of the cryptocurrency market and further decline is impossible. Although in any case only good investments are needed for recovery, because it will not work out to change the market trend in other ways.

[Legitimate9322]

I know a lot of users thought 6K was the bottom for BTC...then it plunged another 50% down to $3200. Right now BTC is looking pretty strong, it had a HUGE spike from the support level. This COULD mean a reversal is imminent  Right now, I've been trying to accumulate as much NTS and BTC as possible. Every time BTC or NTS dumps a little bit on Nauticus, I've been picking some up. I think this bear market could be coming to an end and if it does we might see the next bull market start. Now, this could be a bull trap, but right now a lot of traders are optimistic and appear to exiting short positions and going long, so we will see.

Look At This Bullish Chart Action! - https://nauticus.exchange/exchange/NTSBTC

the good news is that, bitcoin is still in the middle of its prime and we didnt even at the bottom at it. We can  say bitcoin is still hanging on to its dear life because once bitcoin reach its bottom, every altcoin in the market will be dragged by it to and nobody wants it of course.

I agree, BTC needs to find support and rebound eventually. I'm not sure what the "bottom" will be tho. It seems like maybe $3200 or $2800 will be the bottom.

[Sephire]

Nobody knows with 100% certainty if the bottom for bitcoin is already behind us or still ahead. Only time and future price action will clear the picture.

[batang_bitcoin]

With Bitcoin or Nauticus?

Nauticus obviously.

Yes you've been proud of your gains but I think that's too much for you to handle since there are other members that are also shilling that NTC.

[ballerin and giroud]

maybe in nearly bitcoin price can hit under $3000/Bitcoin, but as you know this is just my own speculation about bottom price for bitcoin in nearly time again, and DWYOR

I don't want to think negatively that bitcoin will go under $3,000 but there's a possibility. I just don't want to expect too bad on what happens to bitcoin. The market moves slowly and people are rushing and keeps on asking on how long we're going to experience this bear. We have hit the bottom, I'm assume since I don't want to add more discouragement to myself.

A person's prediction is worth teaching but does not mean being trusted and can be convinced. Likewise when we predict everyone should teach what we have done with a record of each prediction made based on the analysis that has been studied. But you can see when the price of bitcoin and altcoin rose in 2017, so many experts predict that bitcoin prices will rise in 2018 but in fact this is a big mistake. This teaches us that the price of the crypto currency cannot be easily predicted, many aspects will always distinguish each prediction result.

[Little Mouse]

$6000 for bitcoin was really the bottom for the then time if you used a technical analysis but it has broken and did not follow technical analysis. In fact it did not follow any technical analysis in the last year. Now, I think $3000 is the bottom for bitcoin and eventually it will go down to $3k once before the bullrun.