When Bottom?

[WalkerIVIV]

I had hopes that altcoins would perform well, but I lost them one by one. If Bitcoin makes another big drop, all altcoins could come to half their current prices. I don't think we're at the bottom yet. Maybe waiting a little longer might be the best option. For now, I will not rush and wait patiently a little longer because Bitcoin may not have says us its final word yet.

The chart is not showing a rebound signal. We are still at the bottom with possibility to go even lower than the current rate. It can be seen from how bitcoin is not doing so good. Sometime bitcoin will be so easy to be pumped but these days is quite different compared with another market. Remember that stock market is always going down at this moment. i expect the same thing like bitcoin.

[BobK71]

I had hopes that altcoins would perform well, but I lost them one by one. If Bitcoin makes another big drop, all altcoins could come to half their current prices. I don't think we're at the bottom yet. Maybe waiting a little longer might be the best option. For now, I will not rush and wait patiently a little longer because Bitcoin may not have says us its final word yet.

The chart is not showing a rebound signal. We are still at the bottom with possibility to go even lower than the current rate. It can be seen from how bitcoin is not doing so good. Sometime bitcoin will be so easy to be pumped but these days is quite different compared with another market. Remember that stock market is always going down at this moment. i expect the same thing like bitcoin.

As the global situation is not going well we will see slowdown in almost every financial sector. Neither the stock market nor cryptocurrencies will fare well if the financial meltdown is prolonged. The Ukraine Russia war is one of the reasons why the entire market has gone bad today. As a result of this war, inflation and financial depression are affecting the whole world. But Bitcoin's condition is at its lowest point right now. Hopefully we will get rid of this situation soon.

[GatotKaca]

It is not only the MtGox issue that raises people’s fears, there is the Russian-Ukrainian war and the rise in energy prices in the world, all these bad economic and political conditions make people in constant fear due to recession, inflation and other economic problems, people will continue to fear the decline in the price of Bitcoin but I personally believe They will soon regret that they did not take advantage of the low price opportunity. This situation will not change unless people believe that Bitcoin is a store of value and a safe haven.

I guess not for not taking advantage of the current low prices. they still think there will be a better price for them to buy. as you said, there are some events that do make people worry about getting into the market. this situation would probably be even worse if the big, much-talked-about crises occurred in the world. more people will withdraw their money from the crypto market for necessities. while those with more capital have the opportunity to get a bigger discount.

[pawanjain]

Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.

There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.

Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.

You do have a point but on the other hand we can also consider this that everyone has seen the ATH.
Keeping that in mind do you think people will actually sell their coins at a 70% discount from it's ATH.
If you were about to get those bitcoins, would you really sell it at such low prices ? I wouldn't.
So this may actually give a pump in bitcoins price thinking that people are holding such huge amount of coins.

[Xxmodded]

I guess not for not taking advantage of the current low prices. they still think there will be a better price for them to buy. as you said, there are some events that do make people worry about getting into the market. this situation would probably be even worse if the big, much-talked-about crises occurred in the world. more people will withdraw their money from the crypto market for necessities. while those with more capital have the opportunity to get a bigger discount.

Maybe have bottom but always next time another bottom price coming, this effective spent few percent each time invest in bitcoin or altcoin, maybe first day buy 30% of fund have before tomorrow invest 30% again if have another bottom price. But I think today have been more bottom price for several altcoin and good chance if have more capital to buy back, several altcoin have very lower price and I checked daily days how significant if have much capital to re investing will earn much profit later.

[Slow death]

Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.

Shiba Inu, Dogecoin are altcoins that have a manipulated market, buying these two altcoins is a big risk

There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.

I don't understand what you mean by decisive, because the price won't drop much, in a short time the price will recover, that's why I think it will be a good buying opportunity and certainly many people are watching it

Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.

most of these mtgox guys are not going to sell their bitcoin at this cheap price, the guys have waited for years, why would they be impatient to want to sell now at this cheap price? I highly doubt that all of them will decide to sell at the same time, most will hodl or sell but they will not sell all at the same time and the price will not drop much, what is causing the price to drop a lot is due to the financial crisis because of this war from russia and ukraine

[serjent05]

Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.

Shiba Inu, and Dogecoin are altcoins that have a manipulated market, buying these two altcoins is a big risk

I think the right term would be holding these two altcoins for a very long time is a big risk.  But Dogecoin had proven that holding it will gain a lot of profit.  I had once millions of Dogecoins but sadly since I do not believe in its ecosystem, I sold them once I saw profit.  I do not regret my action but I am just giving some points.  Another thing, I bought $40+ Shiba Inu and sold them at $2k.  meaning, it doesn't hurt to see these two altcoins as short-term investments.

There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.

I don't understand what you mean by decisive, because the price won't drop much, in a short time the price will recover, that's why I think it will be a good buying opportunity and certainly many people are watching it

I understand it as Bitcoin price will dictate the cryptocurrency market.  As we all know most cryptocurrency follows bitcoin trend.  So if ever Bitcoin price crash during the release of MT.Gox coins, we might see the whole crypto market getting affected.

[nurilham]

bottom of the market will comes randomly, surely no one know because if knowing the bottom is that easy we would've becomes billionaire, the thing is the current value for most coins is already at its very bottom that I doubt it could go ever lower since even eth and btc is already losing 60% of its value compared with before luna crash, I think we are already in the bottom it's just that the corrections aren't finishing and the bullrun is nowhere to be seen since it might be coming in the future.

Surely, although many people make certain prediction with their analyses, in fact, their prediction will never be 100% true. There must be certainly different. We will not know exactly when the bottom. Once we thought that the rate is at the bottom, in fact, the reality is that the price keeps falling down and touches another bottom. But once we think that there will be falling down again, in fact, the price keeps rising up and ut of the bottom line. So, it means that we cannot predict exactly. That is why we must be smart in facing this crypto market. Why don't we utilize every opportunities to make certain deicsion?

[budi691]

we all know as long as a negative trend is present in this market we will see a lot of FUD thrown in, and encourage people not to spend their money on volatile investments like crypto, and that's the time we've been waiting for and we love to invest under, That will allow us to buy bitcoin at the lowest price because who knows, we might buy it under.

[TheUltraElite]

Mtgox doesn't look terrible anymore. but even so until now no one has made the bitcoin hype back. coupled with the global economic crisis, we have to get new innovations with concepts in cryptocurrency to make it rise again. Now bitcoin is just stagnant because it is in a bear market.

A stagnant market is an opportunity for buyers if done cunningly. While there are reasons behind the bear market, searching for the reasons ia always unyeilding. It can be Gox or it can be the inflation crisis, truly they won't have another effect buy drop the price.

So just buy when you have money at hand and wait for even lower prices to buy more.

New innovations are rare though. New scum projects are very common on the other hand. Hence be careful what you are investing in. It is always safer to buy Bitcoin compared to shitcoins.

[Lagduf]

Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.

There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.

I knew the expected selloff from MTGox will not happen, selloff news are usually not announced any more. In the last bull market the dip of bitcoin does not indicate the dip of the altcoins market, altcoins are like to selloff more into another dip for bitcoin even as its price rises. And this might persist for while

It will happen. You can't expect if there will be sell off from mtgox. There are so many creditors of mtgox needs money and they will be finally getting what they deserve.  i can't deny that it's not meant all of them will be selling their bitcoin instantly but most of them will be doing it for sure.
Im not feeling doubt if sell off may come as soon as possible along with the bad situation that happened in the market.

[yazher]

bottom of the market will comes randomly, surely no one know because if knowing the bottom is that easy we would've becomes billionaire, the thing is the current value for most coins is already at its very bottom that I doubt it could go ever lower since even eth and btc is already losing 60% of its value compared with before luna crash, I think we are already in the bottom it's just that the corrections aren't finishing and the bullrun is nowhere to be seen since it might be coming in the future.

This is really not possible because for a number of reasons and you're right, if everyone knows about it, everyone already became millionaires by now. But instead, everyone or most of them are hesitant because when there comes a bearish market, there is always doubt whether this is the bottom or it will go down further. no one really knows about it and even those who are buying right now are hoping that this will be the bottom of the bearish market and tomorrow or the upcoming days are gonna be green days until it reaches again to its old ATH.

[Editbar]

Bitcoin is at 19 000 still"

bitcoin's holding up great through all of this the dollar Index at Fort 114.5 and people are Panic like like I said
before when I saw the three Arrow Capital Celsius debacle and Luna debacle and with the dollar Index going up and
you know fears are a recession and we could only go down to 17.5000

I think that would be the bottom

but that's just me from what I see I could be wrong but you know I think that was like the reason why we didn't push
down any further because that's as far as we're going

[Sterbens]

we all know as long as a negative trend is present in this market we will see a lot of FUD thrown in, and encourage people not to spend their money on volatile investments like crypto, and that's the time we've been waiting for and we love to invest under, That will allow us to buy bitcoin at the lowest price because who knows, we might buy it under.

We can't stop FUD from being scattered all over the place because it's something that looks like it's organized. I said it would not be easy or even impossible to get rid of them all. This can only be countered with positive narratives that are carried out, although it will not completely but can slightly reduce the fear that is happening out there. I don't think FUD will be affected by the price, because even when bitcoin soars it can still be heard, especially in a situation like this.

[BuNga_cute]

bottom of the market will comes randomly, surely no one know because if knowing the bottom is that easy we would've becomes billionaire, the thing is the current value for most coins is already at its very bottom that I doubt it could go ever lower since even eth and btc is already losing 60% of its value compared with before luna crash, I think we are already in the bottom it's just that the corrections aren't finishing and the bullrun is nowhere to be seen since it might be coming in the future.

This is really not possible because for a number of reasons and you're right, if everyone knows about it, everyone already became millionaires by now. But instead, everyone or most of them are hesitant because when there comes a bearish market, there is always doubt whether this is the bottom or it will go down further. no one really knows about it and even those who are buying right now are hoping that this will be the bottom of the bearish market and tomorrow or the upcoming days are gonna be green days until it reaches again to its old ATH.

Therefore we should not be too obsessed with knowing the bottom price, because until then no one can accurately know the bottom price.
Instead of spending time predicting the lowest price of the coins we want to buy, it's better if we focus on gradually buying coins that we think
are potential. For example when we want to buy Bitcoin, we can buy Bitcoin at any price, then every time the price drops to a lower price we buy it.
After that we hold the Bitcoin we have until we reach our respective targets. It is certain that by doing that we will become rich, because as we know
how deep the price of Bitcoin falls can always recover. The problem is that such an investment does require patience and we cannot enjoy the results
in a short time. So we really have to practice our patience if we are serious about making huge profits.

[cheezcarls]

Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.

There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.

Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.

The problem is that we don't know. Only the market knows when's the bottom. No matter how much we predict the bottom, top or so, nothing is promised, guaranteed and accurate.

Predictions are predictions. However, we cannot control the market. It can go up or down without warning or not knowing how long will the price gonna tread water.

[Coyster]

Mtgox doesn't look terrible anymore. but even so until now no one has made the bitcoin hype back. coupled with the global economic crisis, we have to get new innovations with concepts in cryptocurrency to make it rise again. Now bitcoin is just stagnant because it is in a bear market.

Bitcoin will definitely rise again, this is more like a cycle and whatever is being experienced now isn't new, and we have seen it happen previously, just in a different year and with different prices; this is the major reason why Bitcoin is called a long term project, it doesn't have that sporadic movements that some shitcoins make and come crashing down immediately afterwards, Bitcoin's price may be far from attractive right now for newcomers and get-rich-quick investors, but investors who understand the network will know that they should prolly be accumulating right now.

Having said that, i am pretty sure many people will not mind Bitcoin being low and stagnant for awhile, they will basically just buy as much as they can, the demand for Bitcoin and the trust people have in the network is enormous, thus the bear market will definitely go away sooner or later, and then there comes the ROI for those that were patient.

[bittick]

honestly there are too many things that still could keeps investments in general at the state of down trend, the bullish trend for btc is still nowhere to be seen, it could lasts maybe many years into the future.
meanwhile you could get investments and make entry at very low value but as the consequence you gonna need to hold it long term. since it seems it seems the current trend will be long lasting ones.

[Lantind]

Maybe the release of 100,000 BTC will not be that damaging.

If Bitcoin is released with the amount of 100k , of course the crypto market will be red like the sun that cannot be seen directly. That is, it has a huge effect on the crypto market.

Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins.

Maybe MtGox won't let go of all the Bitcoins he owns. Big investors don't brutally destroy the market by selling all assets in an instant, they prefer to create more attractive wave charts, not waterfalls.

[Vaskiy]

When the market gonna experience the bottom is unknown and according to the market situation and the different incidents happening relative to bitcoin there's more chances of drop in the price of bitcoin over the falling month. This could land the price reach the bottom price that is being reached in this year. Same time $19k is trying to withstand the support level and keeps the price stay above $19k.