do u think the BTC bottom is in...?

[STT]

I have no worry about Mt.Gox because its a long term well known event.   Perhaps some surprise prior years as to the amount recovered to distribute but now its well signaled and in theory its in the price.   Buy the rumor sell the news or here with additional supply, possibly its vice versa.
   September is a storm for markets possibly maybe buts its a wider deal in every asset seasonal somehow; markets regularly do this but not always, higher volume autumn then now for sure imo

[Fundamentals Of]

I noticed that there are still a number of people who won't call what's happening right now as a bull market. There are still those who don't think Bitcoin has already bottomed. In fact, there was a recent social media poll asking whether or not Bitcoin's price would still go below $20,000 and the majority answered that it will. I don't know what they've seen on the charts but at this point I think the bottom is already in. Especially if we cross $25,000, I don't think we still have yet to reach bottom.

[kotajikikox]

I don't think anyone will know at what price the Bottom is at, but for now we can assume that $17k is a bottom,

Yes we all ask for speculation because there is none of us that can completely understand and find the perfect answer.

but I may agree with you that 17$ maybe the lowest it can fall this year alone.

because the price jumped from there and managed to break through $20k again, where we know $20k is strong resistance,

I also agreed in this one as we finally stays are 25k$ now and looking at it? there are

and if we hold on at the level of $23k it is certain that September or Q4 will be bullish for cryptocurrencies

q4 mostly a bullish quarter but the only matter is that would it be bullying above the ATH? or will at least make it to 50k again?

[Smack That Ace]

The biggest test this month will be what happens to Bitcoin when the MtGox coins are finally distributed. I think this is the reason why ETH is stronger than BTC because many are worried about the large supply hitting the market and causing Bitcoin to head lower.

So we will most likely trade in these areas until the coins are released. And then depending how the market holds up we will continue on from there. Hopefully many won’t sell and will hold on to their bitcoins.

142,000 bitcoins is the number that Mt.gox will distribute to the market. But there is no information yet, all victims will get that compensation once or split periodically, and everyone is entitled to get it back through cash or cryptocurrency, not all get it back in bitcoins.

Everyone has been waiting for compensation all these years so they have seen bitcoin hit record levels, maybe some will sell and some will continue to hold, so I don't think this is the big event affecting bitcoin this month.

[peter0425]

am not sure if we already reached the bottom from that 17 thousand dollars last month and since we are now standing to 25 thousand dollars yeah there are some beliefs that we already reached that bottom.

but remember that Bear always follow bull , and yeah sometimes also it has been used by manipulators to bump the market for a while then starts dumping again.

[BlackBaron]

my personal opinion is that the bottom is in and the next bull market are going to be nothing short of game changing.

Everyone has different opinions and speculations with the lowest bitcoin price and the lowest point, you believe that now Bitcoin can be bought, for me it's not yet time, a deeper continuation will start soon, you'll see in late September this year.

Beliefs may be different, the purpose of trading and investment.

[Gozie51]

Although this month the crypto market seems to be in the green, it's hard to say a Bull Run will happen anytime soon. If we look at the current market conditions, there are no signs that a bull run will occur because the bitcoin price is only in the $23k-$24k area and it is still difficult to break above $27k.

I think $27k is not looking to come anytime soon but probably around the end of the when volatility for the December festivities will approach but for now, we could be seeing this kind of shaky movement around the $23k and $24k without a strong pull of volatility. I will say the uncertain times is up for bitcoin where we all can speculate because no direction is established yet.

[Yamifoud]

Although this month the crypto market seems to be in the green, it's hard to say a Bull Run will happen anytime soon. If we look at the current market conditions, there are no signs that a bull run will occur because the bitcoin price is only in the $23k-$24k area and it is still difficult to break above $27k.

I think $27k is not looking to come anytime soon but probably around the end of the when volatility for the December festivities will approach but for now, we could be seeing this kind of shaky movement around the $23k and $24k without a strong pull of volatility. I will say the uncertain times is up for bitcoin where we all can speculate because no direction is established yet.

Well, it is still left uncertain. The market seems moving high this time but this might be changed in the last quarter of this year. I couldn't assume but I believe that the market will keep this bearing situation until the end of this year. No big rallies will come out nor hypes to popup. But yes, we can't anticipate how these whales acted in this current condition. Or we fall into their trap set up by whales through some sort of price pumps and social media participation.

[Eternad]

Well, it is still left uncertain. The market seems moving high this time but this might be changed in the last quarter of this year. I couldn't assume but I believe that the market will keep this bearing situation until the end of this year. No big rallies will come out nor hypes to popup. But yes, we can't anticipate how these whales acted in this current condition. Or we fall into their trap set up by whales through some sort of price pumps and social media participation.

We still not sure what can happen in the last quarter, it may stay at dip or start to rebump but we must know when to wait or allot some time. War, pandemic  and even recession are still happening. It’s already a good thing that the market still able to have some high but recovery is not gonna be fast as we wanted but taking this time to buy while the price still consider low is a good way to have some points before the price recover again.

[Reid]

Usually a dump happens and another will come which I think we already experienced this year. That should be enough to say it could be over and this next phase will be the waiting game where it could take long at this price range of $23-25k per USD.
I am using only the price history though, so there's a chance it might be wrong. Well, there is really no accurate prediction about where it could go but so far it looks to be in a good path.

[xSkylarx]

I still think bitcoin's price haven't reach the bottom yet on this market cycle. We all know that many countries are facing an economic crisis right now so the possibilities of a dump this time is higher than just a normal bear season. It's too early to tell that a bull run will begin again soon with these worsening issues. Though the current price of bitcoin is a good buy to me now but will not suggest going all-in due to market uncertainties.

[rodskee]

my personal opinion is that the bottom is in and the next bull market are going to be nothing short of game changing.

actually we are now in Bullish , looking at the strength of the market? it shows how this can go upward in the next coming months as we are getting closer to the last month of 3rd quarter.
with those it is coming that maybe at least before the last quarter comes we will see a good point of earning from those who invest in dumping season as 17k seems to be the bottom.

I still think bitcoin's price haven't reach the bottom yet on this market cycle. We all know that many countries are facing an economic crisis right now so the possibilities of a dump this time is higher than just a normal bear season. It's too early to tell that a bull run will begin again soon with these worsening issues. Though the current price of bitcoin is a good buy to me now but will not suggest going all-in due to market uncertainties.

any basis why you think Bottom isn't happening already?

is there any chance that you may show us why there is another dumping to come?

[btc78]

my personal opinion is that the bottom is in and the next bull market are going to be nothing short of game changing.

bottom is IN? why not post this when the price reach 17k ? now that the price is at 24-25k you are pointing about Bottoming ?

I think this isn't the bottom instead this is the start of the bull market .

it may not reach ATH again , but at least 40-50k usd is in our front this year before closing the 2022 in December .

Is it possible?, I think 50k dollars is too much to end the year on such a high note. It is my hope that bitcoin will achieve, but I do not think this will happen. Currently, we are still under $30k, and if the bitcoin price can really break through $30k, we can expect to hit $50k by year end. With the condition that inflation from now to the end of the year will have positive changes like last month.

Thats what you think but wasn't mine , because I know that even we have a hard days in the 1st 3 quarter but remember that the last quarter shows strong market most of the years.
so maybe there are something we can expect before the year end.
and yes 50k? this is still possible as long as we are not reaching the year end.

[Silberman]

I think the price is still high and expensive now, many people hope that prices can go down to buy, but if you look at the trend in the market it seems difficult to drop below $ 20K, the opportunity is not much to buy before the price skyrocketed.

It is going to be interesting to see how the price of bitcoin moves during the next days and weeks, some people were expecting for the price of bitcoin to be able to break away from the 25k dollars level, as this could be a very important confirmation for them that at least the worst part of the bear market was already behind us, but now that bitcoin has failed to do so, at least for the time being, then this could create enough selling pressure for the price to get close to the 20k dollars level once again.

[laurenB7742]

I still think bitcoin's price haven't reach the bottom yet on this market cycle. We all know that many countries are facing an economic crisis right now so the possibilities of a dump this time is higher than just a normal bear season. It's too early to tell that a bull run will begin again soon with these worsening issues. Though the current price of bitcoin is a good buy to me now but will not suggest going all-in due to market uncertainties.

This is also a hypothesis that many people are interested in, the market depends on the economic situation a lot so we can't say we have the lowest bottom here at 17k $. The longer the war lasts, the less inflation can fall below the allowed level, so in my opinion, the market will have more fluctuations in the near future.

However, this August and September we have good news because inflation is starting to decline, and ethereum is at the central point of the market, so we can enjoy for 2 months.

[el kaka22]

The fact that we "dropped" to 24k is a proof that we are basically above the bottom already and we are not going to see it. 24k was a price that we tried to reach and failed so many times already, the bottom was under 18k and we tried to stay above 20k, let alone 24k. Today we "dropped" to 24k and that is a proof enough. I do not see that we are going to see under 20k ever again, it is going to be something decent and we are going to end up with a good return for sure.

I think 40k will come during this fall, it will not be easy and there will be plenty of ups and downs along the way but it is going to happen, which will benefit us a lot because people lost hope for a while, these small increases will help a ton.

[Silberman]

The fact that we "dropped" to 24k is a proof that we are basically above the bottom already and we are not going to see it. 24k was a price that we tried to reach and failed so many times already, the bottom was under 18k and we tried to stay above 20k, let alone 24k. Today we "dropped" to 24k and that is a proof enough. I do not see that we are going to see under 20k ever again, it is going to be something decent and we are going to end up with a good return for sure.

I think 40k will come during this fall, it will not be easy and there will be plenty of ups and downs along the way but it is going to happen, which will benefit us a lot because people lost hope for a while, these small increases will help a ton.

While I would like for that price to be reached that soon as it could help alleviate the doubts some newbies may have about the potential bitcoin has to recover, at the same time I do not see how this can be done when the price is having a lot of problems to sustain its growth, also I would like for the low prices of bitcoin to remain for a longer period of time as this would give me the chance to buy more bitcoin and get even more profits once the bull market finally comes.

[Davian144]

I think the price is still high and expensive now, many people hope that prices can go down to buy, but if you look at the trend in the market it seems difficult to drop below $ 20K, the opportunity is not much to buy before the price skyrocketed.

Buying above $20K is still possible today, but some people still want a lower price when they want to buy slightly more Bitcoin. Even though buying at the current price can also be done because now the price is not at a figure that is too expensive and buyers who are willing to be patient and hold Bitcoin for a certain period of time will clearly get the benefits they want.

[btc78]

my personal opinion is that the bottom is in and the next bull market are going to be nothing short of game changing.

bottom is IN? why not post this when the price reach 17k ? now that the price is at 24-25k you are pointing about Bottoming ?

I think this isn't the bottom instead this is the start of the bull market .

it may not reach ATH again , but at least 40-50k usd is in our front this year before closing the 2022 in December .

Is it possible?, I think 50k dollars is too much to end the year on such a high note. It is my hope that bitcoin will achieve, but I do not think this will happen. Currently, we are still under $30k, and if the bitcoin price can really break through $30k, we can expect to hit $50k by year end. With the condition that inflation from now to the end of the year will have positive changes like last month.

Well though it is too much to expect yet it is not Impossible to come right? price will continuously moving , we are now again in falling market because bitcoin seems to be staying at below 23k again.
it may be hard to reach 50k but still not impossible to happen.
and also what are we afraid to happen when the thing here is that what we would contribute for the price to reach?

[bitterguy28]

either bottoming or not? who cares for a Bitcoin Holder like me ? lol for me this is just another Piece of desperation for a not so true investor like you OP.

I can feel that all you care is nothing for bitcoin but instead for Shitcoin that you are still bagging now.

ask the community once you prove that you are a Holder and not another BS expecting an increase from your alts.