Has the crypto market reached its bottom yet?

[toast]

This thread is old. Bitcoin has indeed reached the bottom in March, confirmed guys. The question now is will Bitcoin make a double bottom or Bitcoin finally bottoms out around $7,000? Leave the analysis to TA traders because Bitcoin's halving will surely be bullish.

in my opinion no one can predict the development of any cryptocurrency even bitcoin is very difficult to predict we can only speculate with developments in the previous year and until now there is no guarantee that can be given with price certainty in the development of the currency because the development of crypto currencies depends the investor himself

[1714226061]

1714226061

[1714226061]

1714226061

[1714226061]

1714226061

[Cacingkemi]

This thread is old. Bitcoin has indeed reached the bottom in March, confirmed guys. The question now is will Bitcoin make a double bottom or Bitcoin finally bottoms out around $7,000? Leave the analysis to TA traders because Bitcoin's halving will surely be bullish.

in my opinion no one can predict the development of any cryptocurrency even bitcoin is very difficult to predict we can only speculate with developments in the previous year and until now there is no guarantee that can be given with price certainty in the development of the currency because the development of crypto currencies depends the investor himself

of course no one can predict the development of cryotocurrency because after all the crypto market continues to grow and develop from the many requests and offers of market prices or depending on how large the number of investors themselves, exactly as you say. many people expect the price of bitcoin to increase in the last quarter of this year, but as we know an increase in market prices has not materialized and is only speculation from many people.

[Arkann]

This thread is old. Bitcoin has indeed reached the bottom in March, confirmed guys. The question now is will Bitcoin make a double bottom or Bitcoin finally bottoms out around $7,000? Leave the analysis to TA traders because Bitcoin's halving will surely be bullish.

Indeed, so many forecasts have already been voiced that almost all of them have nothing to do with reality.  It seems that they make sports bets on these forecasts in order to profit from how true the forecast is.  But if we talk about what the bottom of the cryptocurrency market will be at the end of 2019, then I believe that right now we are at the very bottom line and cryptocurrency prices should not fall below.

[liuqi]

We don't know what is the bottom and when is the peak value goes on Bitcoin because cryptocurrencies are very much volatile and no one can predict the exact amount what we can see tomorrow.
Better always invest on the Bitcoin and convert some of the cryptocurrencies to stable cryptocurrencies. I believe it will be helpful.

[lobo13hf]

We don't know what is the bottom and when is the peak value goes on Bitcoin because cryptocurrencies are very much volatile and no one can predict the exact amount what we can see tomorrow.
Better always invest on the Bitcoin and convert some of the cryptocurrencies to stable cryptocurrencies. I believe it will be helpful.

we have already passed the bottom price of bitcoin when it reaches 6k rate a few months ago and the price of bitcoin enter the phase of the stability. If you need the proof and look at the bitcoin chart right now. Even with the bad news and the bitcoin can still defend its level.
It's better to put a lot of amounts into the major coin and put the rest into the promising coin.

[TheAndy500]

When we look at what is happening on the market, we can see without a doubt that there is a lack of investors and not enough fresh capital on the market. I am afraid that this situation will continue for several weeks, so unfortunately, but it is very likely that whales will continue to try to lower the price and look for a new bottom.

[red4slash]

When we look at what is happening on the market, we can see without a doubt that there is a lack of investors and not enough fresh capital on the market. I am afraid that this situation will continue for several weeks, so unfortunately, but it is very likely that whales will continue to try to lower the price and look for a new bottom.

I also think that those who have a lot of money are trying to find new lowest prices, those who have lots of capital can manipulate the market but if the people on the market are wise enough I think they will have difficulty manipulating prices in the market

[TheAndy500]

When we look at what is happening on the market, we can see without a doubt that there is a lack of investors and not enough fresh capital on the market. I am afraid that this situation will continue for several weeks, so unfortunately, but it is very likely that whales will continue to try to lower the price and look for a new bottom.

I also think that those who have a lot of money are trying to find new lowest prices, those who have lots of capital can manipulate the market but if the people on the market are wise enough I think they will have difficulty manipulating prices in the market

I don't think that most Bitcointalk users are unaware of the situation, but anyway if whales want to lower the price they will do it. Now just the question is, how deep is the bottom that they want to reach. Let's hope it is not at $1k

[cassavachips]

Since this thread was created the cryptocurrency market is still quite good and looks already low because sometimes it has reached a high rise, but a few months after this thread the market continues to deteriorate and get lower. I think now is the lowest situation but it can also go down again if bitcoin doesn't come back healthy.

[Pelunize12]

This thread is old. Bitcoin has indeed reached the bottom in March, confirmed guys. The question now is will Bitcoin make a double bottom or Bitcoin finally bottoms out around $7,000? Leave the analysis to TA traders because Bitcoin's halving will surely be bullish.

it wont be double bottom, from $ 3,000 to $ 13,000 if back to $ 3,000 isnt called double bottom, mate
furthermore, the halving is near here. I think the last bottom would be $ 6,000-7,000. then we will see another ATH in the future

that's what history tells us. Just take it if you believe with cryptocurrency.

[Latines]

I believe that cryptocurrency will fall by at least 20 percent. Therefore, I’m waiting to buy tokens, and then I will wait 2 years until the coins grow.

[Landak]

I believe that cryptocurrency will fall by at least 20 percent. Therefore, I’m waiting to buy tokens,

down to 20% is too much and painful but the other side is it's good we can buy again at the lowest price.

and then I will wait 2 years until the coins grow.

hold up to 2 years in my opinion is too long, it's better to sell when it's all at the highest price position. but if all of the predictions are correct that it says next year there will be a very high rise in the price of bitcoin, meaning your decision is not wrong. (I read a lot of speculation at the end of this year)

[Magkirap]

Since this thread was created the cryptocurrency market is still quite good and looks already low because sometimes it has reached a high rise, but a few months after this thread the market continues to deteriorate and get lower. I think now is the lowest situation but it can also go down again if bitcoin doesn't come back healthy.

Same thoughts in my mind and i think that it will still reach a lower price and investors will be in a tough situation in these days because of the very down market because they cannot have any profit but at the same time it is also an opportunity to buy more coins.
In my opinion the market still haven't reached its bottom and will continue getting a little bit low but it will soar high again because of the halving happening next year.

[Bezobraznike]

Since this thread was created the cryptocurrency market is still quite good and looks already low because sometimes it has reached a high rise, but a few months after this thread the market continues to deteriorate and get lower. I think now is the lowest situation but it can also go down again if bitcoin doesn't come back healthy.

Same thoughts in my mind and i think that it will still reach a lower price and investors will be in a tough situation in these days because of the very down market because they cannot have any profit but at the same time it is also an opportunity to buy more coins.
In my opinion the market still haven't reached its bottom and will continue getting a little bit low but it will soar high again because of the halving happening next year.

   


   Maybe this is not a bottom, and maybe prices will drop more, but what if prices start to rise suddenly? Then this would be a
missed opportunity. I think it's impossible for us to say where is the bottom, so we need to buy when price is dropping, if it
drops more we should buy more. Don't invest all the money at once in anything, do it sequences, and in that way you will
hit buying at bottom.

[ePesoInitiative]

This thread is old. Bitcoin has indeed reached the bottom in March, confirmed guys. The question now is will Bitcoin make a double bottom or Bitcoin finally bottoms out around $7,000? Leave the analysis to TA traders because Bitcoin's halving will surely be bullish.

it wont be double bottom, from $ 3,000 to $ 13,000 if back to $ 3,000 isnt called double bottom, mate
furthermore, the halving is near here. I think the last bottom would be $ 6,000-7,000. then we will see another ATH in the future

that's what history tells us. Just take it if you believe with cryptocurrency.

It's around $7,000 today. And there are many buyers itching to get filled around $6,500 to $6,900 because they believe the panic will push sellers to sell and also miners because the breakeven cost of mining is around $5,000. They just have to realize their mining profits.

[TheAndy500]

I believe that cryptocurrency will fall by at least 20 percent. Therefore, I’m waiting to buy tokens, and then I will wait 2 years until the coins grow.

So you are one of the few who has not made any purchases yet? 
Very interesting, it may turn out that you are one of the best cryptocurrency investors. Unfortunately, we are not sure if the price will fall, but in my opinion it is very likely. So I wish you that your prediction would come true.

[adroitful_one]

I believe that cryptocurrency will fall by at least 20 percent. Therefore, I’m waiting to buy tokens, and then I will wait 2 years until the coins grow.

So you are one of the few who has not made any purchases yet? 
Very interesting, it may turn out that you are one of the best cryptocurrency investors. Unfortunately, we are not sure if the price will fall, but in my opinion it is very likely. So I wish you that your prediction would come true.

If I were him I would have been purchasing for a few weeks now. Even if the prices of everything drops, you can still dollar cost average over the time that you have been buying and everything is so cheap that I don't think it would really make a whole lot of difference. More than likely, you'll do fine whether you buy today or sometime in the next 2 months. Things very well may go down even more over the next few months, but they may not.

[Kersh768]

Why would we be thinking if the market has already reached its bottom most part up to this point of time? What we need to focus right now is the recovery part of the market because that is what really matter after all. Well, the market might be down right now but thinking if the market have already reached the bottom surge, will not be really that helpful because if so, many people will surely be discouraged to get engage into the crypto community just like the newbies and even the potential investors. For some, this will be a great opportunity to purchase and buy more Bitcoins or Altcoins while the market is still down and wait until such time would come that the market will rise up once again to trade what they have hold for the time the market is down. There might be negative thoughts about the market down but there are also positive scenarios to get into this. We must just look at the positive side of it all the times.

[lobo13hf]

This thread is old. Bitcoin has indeed reached the bottom in March, confirmed guys. The question now is will Bitcoin make a double bottom or Bitcoin finally bottoms out around $7,000? Leave the analysis to TA traders because Bitcoin's halving will surely be bullish.

It looks like that bitcoin has already reached the bottom price as the bitcoin price doesn't even wanna go below 7k rate. The last dump of bitcoin caused by plutoken that already dumped 10k bitcoin to the market. That will come even more in the future. No bad news for bitcoin at all.

[ePesoInitiative]

This thread is old. Bitcoin has indeed reached the bottom in March, confirmed guys. The question now is will Bitcoin make a double bottom or Bitcoin finally bottoms out around $7,000? Leave the analysis to TA traders because Bitcoin's halving will surely be bullish.

It looks like that bitcoin has already reached the bottom price as the bitcoin price doesn't even wanna go below 7k rate. The last dump of bitcoin caused by plutoken that already dumped 10k bitcoin to the market. That will come even more in the future. No bad news for bitcoin at all.

Can't say for sure if Plustoken dump has any bearing at all. The remaining Mt Gox Bitcoin funds might be more dangerous if dumped. The markets are weak. But it will end for sure. So, it is best to prepare for the bottom.