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

[Pain to go mad]

I'm not as optimistic as you are, I think it's going to go up a high and then go down. Or, the touch pressure level drops directly.

[Crypt0Pro]

I'm afraid the worst times will be further and BTC will drop to 2800. But still, as most BTC-holders I believe in it soon recovery. Hope very soon we will see it not only in the green zone, but also as a constantly rising cryptocurrency.

[bellaayu]

We hope that by 2019 the price of Bitcoin will rise soon. And I'm still optimistic that Bitcoin will pump so that for now we have to invest more. That way if later there will be a high price surge, of course, we only need to sell coins.

[Cnut237]

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

I wouldn't say it had a huge spike from the support level. Really it was only a small spike in dollar terms, I think it just looked big as a percentage because we have fallen so far. Even a hundred dollar rise looks big now, whereas in late 2017 a hundred dollars was barely noticeable.
I'm not convinced we've hit bottom yet. Maybe we have, maybe we haven't, there's not enough evidence yet.

[shoreno]

First of all , this topic should be moved to bitcoin discussion board because we are currently in altcoin sections .

Secondly , bitcoin did not reach the bottom yet because the real bottom price is under 1 usd .

Third. Dont worry because bitcoin is now stabilizing and that is a sign that the price will now recover instead of dropping more evenly  .

Fourth  . much better if you can or we can purchase more btc 's today so that we can have a chance to participate on the next pump event .

[preshpr1nce]

There's no reason for it to come up and it's very obvious why all of this has happened.
We had hopes and dreams of this amazing fast decentralised network and all 2017 showed was it cannot scale, most have realised in it's current form it was just a dream.
HOPEFULLY the lightning network can solve this issue and we have reason to think positive about the tech again, until this happens we have no reason to go up.

Stop trying to guess it, it's going to take action and change to bring back a bull run.. Look for that if you want an idea.

[DonFacundo]

well I also think that bitcoin is already hit the bottom so it's good to buy bitcoin now, hopefully bitcoin will not go down again.

[AnimeKingman]

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.

Those gains were really nice; Nauticus is a real underdog and mentioning it anywhere would get you laughed at from Coinmetro shills and other competitors. I guess all Nauticus fans really started "told you so"ing once we had proof we weren't all losing our investments.
I really want Nauticus to do well, and there is evidence it will; however it's anyones guess really.

[arpon11]

well I also think that bitcoin is already hit the bottom so it's good to buy bitcoin now, hopefully bitcoin will not go down again.

The current price might not be the bottom and if you have in mind to buy at the bottom then you should still hold on as the bottom seem to be below 200ma on the weekly chart.  However,  if you are a day trader you can takes little profits along the way as the market is moving along side ways and we might trying to take advantage of this in our investments process.  I strongly believe that bitcoin is going to recover this year and even at the current price is a good bargain! If you have long-term investment view, you can buy now and sell in 2020 at a good price.

[mirawantirinjana]

maybe bitcoin has reached its lowest price.
I also hope that the price of bitcoin will never reach this lowest price again, hopefully in the future the price of bitcoin will increase.

[Jesabela04]

As for me, it isn't the end or the bottom yet because there are still lots of things to come. The market is just volatile but I believe that we could still handle the changes only if we know how to adjust. We should keep in mind that bitcoin is volatile and is always changing but isn't the end yet.

[adzino]

First of all , this topic should be moved to bitcoin discussion board because we are currently in altcoin sections .

Secondly , bitcoin did not reach the bottom yet because the real bottom price is under 1 usd .

Third. Dont worry because bitcoin is now stabilizing and that is a sign that the price will now recover instead of dropping more evenly  .

Fourth  . much better if you can or we can purchase more btc 's today so that we can have a chance to participate on the next pump event .

I guess by bottom all he meant is that the dip has reached its lowest point. He is not talking about the actual value over here. And why do you think the $1 USD is the bottom price for bitcoin?
Price stabilization was never a definite sign of recovery. We have seen the price being stable between $7,000 - $8,000 but in the end, the price dropped more further.
Don't just buy with the expectation of the price being pumped soon, believe me, you will be disappointed.

[Skrattar Du]

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

Right now, being one of the individuals who have an optimistic point of view on what is currently happening right now in the bear market, do hereby suspect that the bottom line price of Bitcoin which is $3,200 will be its last downfall for a moment but we must expect that nevertheless, everything can be possible to turn things upside down in no time. But, with the bright side seeing a slowly but surely rise within the price of Bitcoin gives hope to all Bitcoin holders that have taken too much patience on holding up and not giving up despite of the situation to enjoy this moment even it is far away too long on what we expect the price of Bitcoin will go higher than its price way back 2017 which is $20,000. As for now, we must seize the moment and took advantage of the scenario to purchase more Bitcoins while it was still affordable before the bull run goes on once again. Which I totally did for this time purchasing lots of Bitcoins that I can afford but up to this time, I am not just holding it up but using it for a while into fun and entertainment in which I suspect to make it rise by playing gambling games into the  crypto casino I am up to playing variety of games that I love in which I am trying my luck to gain rewards in terms of Bitcoin by playing poker and a lot more as well as enjoying their great deals of bonuses for doing my deposits in terms of Bitcoin. In which by this way, I can exercise my Bitcoin usage and trying to gain Bitcoin as well while waiting for the bull run to come.

[H0USE]

i dont thinnk 5000$ is the bottom of BTC when the market is still fluctuative and few few dumps can last long, so i can say this is a FUD in order to bring investors back to BTC but will soon be dumped by whales to test the bottom 5000$, if it was not fallen, BTC will have the chance to be pumped back to higher than 6000$ in this year, i will not invest into BTC at this time and wait until the end of this month before the market make its moves.

[popolite11]

i dont thinnk 5000$ is the bottom of BTC when the market is still fluctuative and few few dumps can last long, so i can say this is a FUD in order to bring investors back to BTC but will soon be dumped by whales to test the bottom 5000$, if it was not fallen, BTC will have the chance to be pumped back to higher than 6000$ in this year, i will not invest into BTC at this time and wait until the end of this month before the market make its moves.

It may happen that Bitcoin will fall to 4.500 USD, but it will be not a crisis on the market. I guess, soon after this, BTC will start the bull run. Besides, we can never know when the cryptocurrency reached the bottom.
The demand for some crypto can be decreased for certain reasons, and, as a result, the dump will follow it. However, I am waiting for the rise of Bitcoin close to November.

[Voevodin]

It seems to me that today there is no sense to invest in the top 20 coins, as they will not give you any significant profits. It's time to think about participating in IEO. I can recommend a suitable project. http://gexan.io/

[Cybulen]

It seems to me that today there is no sense to invest in the top 20 coins, as they will not give you any significant profits. It's time to think about participating in IEO. I can recommend a suitable project. http://gexan.io/

Hey. I accidentally discovered that this project is on the forum. https://bitcointalk.org/index.php?topic=5136520

[Hamphser]

It seems to me that today there is no sense to invest in the top 20 coins, as they will not give you any significant profits. It's time to think about participating in IEO. I can recommend a suitable project. http://gexan.io/

Why you say so? I would rather choose up to invest on Top 10 coins rather than risking out my money on shady IEO's.Yes, it may be good compared to ICO but still
behind manipulation would be still plausible and in fact going through to purchase wont really be an easy thing specially with binance.

About talking on the bottom this had been always a question but saying on what would be the price wont really be always precise.

[Ridwan Fauzi]

I'm not as optimistic as you are, I think it's going to go up a high and then go down. Or, the touch pressure level drops directly.

How do you believe it? I guess it will never again. I see bitcoin price movement now is healthy compared with the movement altcoin prices. Bitcoin price will down if there is some negative news come and make some users panic and decide to sell but if there is no negative news come then bitcoin price will fine. But altcoin prices is not like that, I often see the prices altcoin goes up drastically and fall suddenly which means this movement is not health there are some people who manipulated it.

[Yamifoud]

The trends shows a big opposite of what OP says, we aren't be sinking that bad anymore as we regains ore trust in the market and investors well.
Having a strong resistance nowadays we help to make the marker recovers faster and having another break of prices. We look forward that it will touches $15k before the end of this year or even more.