Bottom For Bitcoin?

[Natalim]

What is your chart telling you? everyone who buys now are doing it based on what their chart says or based on their research or maybe what the heard from a so called reliable source. But the truth remains anything about bitcoin price you hear are mere speculation. Kindly do your research if it tells you to buy now perfect but if your research suggest you wait a little more then do so. But ensure your chart is giving you the first hand signal before seeking for conformation else where

The chart is one tool used to analyze the market and in creating TA, however, given the extent of being volatile, that is still bound to be an unreliable conclusion as we can't predict the market right. The market of Bitcoin is moving like a roller coaster and we even don't know if we are reached already the bottom or not. Many speculations arise that we have been reached already and we are going to move high but I don't simply agree with these because as long we are in the bear season, anything like dump can be possible.

[Christopher Andrews]

No one can tell that. As of now, it is still going down. Let’s wait and find out where it goes.

[hashrateproducts]

Bitcoin can still dip further but it's all just a matter of time for it to reach it's ATL price. With TA, it's confirmed that it will dip further, it's probability of hitting $0 is still very possible but Bitcoin have retested back to it's bull run. Experts say it will continue to dip but since the market is unpredictable, one never can tell what's going to happen next in the market. Bitcoin chart is very complicated at the moment but people still know the down road of Bitcoin.

[sklopan]

For some reason, I am sure that we have already seen the bottom. In theory, now the picture should slowly start to improve.

[BlockchainMentors]

Any asset has ups and downs — cryptocurrency has more ups and downs because of the amount of hype and FOMO involved. When crypto is crashing people think that this is the right time to buy but they are wrong. You never know when it will go up and down because cryptocurrency is volatile in nature and there is no time to buy it. You can invest as much money as you can afford to lose so no problem

[leea-1334]

Bitcoin can still dip further but it's all just a matter of time for it to reach it's ATL price. With TA, it's confirmed that it will dip further, it's probability of hitting $0 is still very possible but Bitcoin have retested back to it's bull run. Experts say it will continue to dip but since the market is unpredictable, one never can tell what's going to happen next in the market. Bitcoin chart is very complicated at the moment but people still know the down road of Bitcoin.

TA does not really confirm anything though right? It gives a lot of clues and a lot of directions but we all have been there, surprised by TA. For example RSI shows we should be going up to above oversold areas for weeks but we are still digging in.

If there is one thing though that I learn when majority of experts say it is going one way, the market tends to delay their prediction by a long time!

[shushu9977]

If you think that bitcoin will dump for upcoming, then you should not invest this coin. Because noone says that the appropriate predicts of bitcoin price. So, I invested many coins few days ago which is good for me as I can see. The price is pump again and the market looks good. This is perfect time to invest btc or others coin.

[sklopan]

For some reason it seems to me that the bottom may be closer to winter. I do not know yet why, but there are such suspicions. In any case, we are still waiting for the results and hope for the best.

[GeraldTucker]

It’s hard to tell what would be the bottom of Bitcoin. Some analysts say that bitcoin is going to dip further and the crypto winter will last for at least next 2 years.

[xSkylarx]

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

No one can answer your two question. It's like predicting if there will be a storm coming tomorrow or not. What you can do during this bear season is just to accumulate as much as you can to prepare for the next bull cycle. With the economic crisis going on, I don't think we've already hit the bottom and crypto will start to recover soon. Bear market has just started and usually last for more than a year.

[LUCKMCFLY]

Well, if the purpose of OP is to look for free money, it is something difficult, the best things are not obtained for free, I think that you have to work and a lot to be able to earn your money, and one of the things you can do is simple jobs, there are many faucets, but they are not faucets to accumulate money and become a millionaire, I think one of the ways you can get is through campaigns, there are many in the Bounty section of the forum, I think that's the best option.

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

No one can answer your two question. It's like predicting if there will be a storm coming tomorrow or not. What you can do during this bear season is just to accumulate as much as you can to prepare for the next bull cycle. With the economic crisis going on, I don't think we've already hit the bottom and crypto will start to recover soon. Bear market has just started and usually last for more than a year.

Well, there are some analysts who are always looking for a way to make predictions based on their technical analysis, but it is so difficult to do so due to the fundamentals, in my case, I find myself out of the market, because I do not know how to operate, the current situation is somewhat complicated in the world, situation, wars, pandemics, diseases, possible downturns in the economy, this makes it difficult to operate, and especially to place positions in Long.

[CryptocurencyKing]

I think one of the ways you can get is through campaigns, there are many in the Bounty section of the forum, I think that's the best option.

Through campaigns and many in the bounty section, really?
As someone who spent some of my newbie or beginner days in the bounty section (something am not most proud of) I must say, the bounty section is full of shit, yeah, shitcoins and tokens. Perhaps a few might have met projects that pumped and became important in cryptocurrency but, I wasn't that lucky or opportuned to find one and as such, I speak from mine perspective.  I wouldn't advise anyone as, I feel it would be a waste of quality time that could be used in gaining knowledge on the forum and eventually building of account.

[Bambozled]

The answer is the same: nobody knows it. As of  now, the market is still going down. It could reach $12k, maybe. Nobody knows! If it goes, I will sell my Bitcoin and buy it again.

[pawanjain]

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

After the dump the bottom was around $17k for bitcoin as it didn't go lower than that range.
Since then it started growing slowly in price and crossed $24k few times but due to recent negative news in the market it has fallen back below $20k.
Now it's time to wait and watch whether bitcoin will be able to hold at $17k which I think it will or will it dump further below that point.
Most probably bitcoin will hold strong and may be $17k would be the bottom for bitcoin.

[Alert31]

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

Nobody knows what will be the bottom for bitcoin because crypto market is really volatile and it depends on the market condition, demand and supply amd also depends on the economic condition of every country. You should be the one to put the bottom for bitcoin for yourself so that you can decide to buy and hold. Everytime is a good time to invest as long as you have a lot of capital and don't panic if the value of bitcoin slightly moving down. Hold for long term for a you to have a good investment return.

[DanWalker]

The answer is the same: nobody knows it. As of  now, the market is still going down. It could reach $12k, maybe. Nobody knows! If it goes, I will sell my Bitcoin and buy it again.

Is it the right decision, you should think carefully. As you say, no one can know whether bitcoin will go up or down, selling bitcoin now and waiting to buy it back at a lower price is too risky. We are in a bear market but there is nothing to say that bitcoin will break $17k again, probably won't happen. If you still have money and wait for the price to drop further to buy then I have no idea, but selling immediately and waiting to buy it back at a lower price is not recommended.

[Yamifoud]

The answer is the same: nobody knows it. As of  now, the market is still going down. It could reach $12k, maybe. Nobody knows! If it goes, I will sell my Bitcoin and buy it again.

Is it the right decision, you should think carefully. As you say, no one can know whether bitcoin will go up or down, selling bitcoin now and waiting to buy it back at a lower price is too risky. We are in a bear market but there is nothing to say that bitcoin will break $17k again, probably won't happen. If you still have money and wait for the price to drop further to buy then I have no idea, but selling immediately and waiting to buy it back at a lower price is not recommended.

It comes to the idea that selling now and waiting for the next drop is kinda be optional. What I mean is that we can just do selling if we see a profit on it and use this money to reinvest. But as the situation is dropping more, I suggest staying on hold, and instead of thinking of waiting for the price to pump, it is better to take the current situation as an opportunity to buy more while waiting for the recovery. It was uncertain what comes next that is why we should be wise enough and think several times before making a step.

[CryptoYar]

It’s hard to tell what would be the bottom of Bitcoin. Some analysts say that bitcoin is going to dip further and the crypto winter will last for at least next 2 years.

If i'm not predicting it wrong. By the end of year bitcoin will hit its bottom and will start recovery in 2023.

Analysts sucks they put you in FOMO And FEAR hence dont believe them... Do hold your bitcoins if you believe in it

For now possibly we will go to upwards and then down dont knew how down it will be but mtgox FUD still hangs over the head.

[salad daging]

It’s hard to tell what would be the bottom of Bitcoin. Some analysts say that bitcoin is going to dip further and the crypto winter will last for at least next 2 years.

If i'm not predicting it wrong. By the end of year bitcoin will hit its bottom and will start recovery in 2023.

Analysts sucks they put you in FOMO And FEAR hence dont believe them... Do hold your bitcoins if you believe in it

For now possibly we will go to upwards and then down dont knew how down it will be but mtgox FUD still hangs over the head.

It's just a prediction that is always linked but in the end we don't know how low the price of bitcoin will be at the end of the year? This is still a lot of speculation aimed at the negative trend.

There are so many FOMO and FUD at this time, it's just us to be able to filter them out and don't just believe it, more precisely, don't be afraid about FUD and we believe that one day it will recover.

I will still continue to survive because until whenever bitcoin must be held until it rises again.

[pgbit]

The bottom of Bitcoin is apparently 17500, but according to experts, the month of September has always been bad and no good news is coming out. Bitcoin crash is also due to the upcoming CPI data.  Can also dump Bitcoin and make a new bottom due to MT Gox Token. Bitcoin may come down further in next few days or weeks, chances are also seen.bitcoins Can dump 12k to 16k.