According to this expert, the bottom is in

[bbc.reporter]

Whenever the bitcoin market is on the move, a lot of idiots on the internet become "experts" and make predictions. If they are correct once (like how a broken clock is correct twice a day) they get full of themselves quickly too

In any case, it seems like price loves staying around $70k and whenever it is pushed below it, we can see a recovery soon. Although it is a good sign but it is not a sign of bull market beginning. Not even close. We need to see actual momentum and decent interest among buyers and less incentive amongst weak-hand panic sellers. We are not there yet, which makes the current situation rather fragile.

I still think it will come down to recession and geopolitical tensions. We already have dollar tanking every day which is a very strong force that should push the bitcoin price up to the moon. However, with recession and all these wars US regime is starting to save the dollar, the investors are being pulled toward gold and all the money is going there for now.

Are you implying that this expert is mistaken in declaring that the bottom is in?

The skeptical and the contrarian in me disagrees on this declaration, however, it very much appears that the market has stronger support on $60k-$65k.

On recession and war, the American economy is very resilient and the wars the Donald has been starting are only for a few days similar to the bombing of Iran and the attack on Venezuela heheheh.

[crwth]

Just always remember, everything is speculation. Even if they say that they are experts, they could still make some wrong predictions like any of us. The difference is just that they have more experience than we do.

One interesting approach is to check the average ETF flow. Since many institutions are banking on BTC and are the ones with the money to actually move the market, I think this is an important case to add.

From coinglass.com ^[1], it shows today a negative move, so mostly it's not yet the bottom, just because they are offloading their BTC. It can still go lower IMO. There might still be a road down, but it's hard to fully know where it would be.

IMO, it's still not yet the bottom. There might be a more downward trend in the coming months. That would be the best time to buy.
^{Hopefully I could buy at the right time} 


[1] - https://www.coinglass.com/etf/bitcoin

[Emitdama]

The speculators seem to have the fuel to make lots of self-claims in price movements, especially in bullish market conditions, many people say they are great at predicting price increases correctly and they say "I told you so" sentences like this are often said, and when it doesn't match what they have said they say "humans can be wrong" therefore I always recommend DYOR. LOL

The current situation is not yet safe to enter bitcoin for those who want to invest in bitcoin due to the recession and ongoing geo-political conflicts in many countries, except for those who have been here for a long time, this is an opportunity to collect their bitcoins, but in terms of overall demand we have not seen it grow in a bullish direction, now it seems like we are consolidating the price so it can be maintained above $60k, and yes, we really need a big catalyst to push the market back to the bullish peak.

Unfortunately there are many "experts" like that as social media influencers who are getitng thousands of people to follow them by making claims and sometimes they are right and sometimes they are wrong and when they are wrong they delete the one they are wrong and if anyone calls out about it then they block that person and if there is a whole attack they just use automation to block people and make themselves look like there is nothing wrong, it's disgusting but it happens all the time. I think it's sad but it's the truth.

[landheer]

Actually, I also want this bear market to be short-lived, and I want to see the price of BTC continue to rise so that I can make a lot of profit. In my opinion, it is possible that BTC will rise again and end the bear market, but it is also possible that the rise in BTC is just a normal rebound because, as far as I know, in a bear market, there are sometimes price increases, but in the end, the price still falls. In my opinion, BTC will continue to fall because most people are waiting for it to reach a very low price, such as $40k or $30k.

But honestly, I don't really care about the BTC price because I'm currently enjoying accumulating BTC using the DCA technique. So for now, we'll just monitor the BTC price to see if it will rise sharply or fall further, but I think it will fall significantly, though not immediately, as it usually declines gradually.

[Y3shot]

Well, experts will always come up with what they think about the bitcoin market, but all I know is that Bitcoin can't be predicted and no one can exactly tell what the bottom is like, or if we have already passed the bottom of the market. Whatever the bottom is, it shouldn't really bother investors because it is even a privilege to come across the bottom of bitcoin and take advantage of it.

Just keep buying bitcoin irrespective of what the price is. Holding Bitcoin should be the target, and that is the way profit can be generated from bitcoin if you really want to take advantage of buying low.

[d5000]

One interesting approach is to check the average ETF flow. Since many institutions are banking on BTC and are the ones with the money to actually move the market, I think this is an important case to add.

Of course it's always a good idea to check "real" market movements like ETF flows. However, my main problem with that approach is that the you generally see what happened "after the fact".

If you see a day with negative ETF flows, and the price tanked that same day, then you can conclude that ETFs contributed to the price weakness. But you don't see what ETF holders will do tomorrow.

Another interesting case: A day with negative ETF flows, but the price goes up. This could mean that retailers are buying and institutionals are selling. So you could interpret that more weak hands enter the market.

However it's not really clear to me if ETF buyers are really stronger hands than CEX buyers. I mean to remember that in the 80k dip last year, institutionals were one of the main drivers. And CEX buyers not necessarily means "retailers" - whales which are not restricted to ETFs can also be institutional whales.

It would be interesting if there is a study about that. Did ETFs "overreact" in the case of strong panic crashes and FOMO movements? Or is it (as it is commoningly expected) vice versa, i.e. CEX users are more likely to panic selling and FOMO-buying?

[Franctoshi]

There's a higher possibility that this is going to happen because of the changing market dynamics and the aging of the  Bitcoin market as institutional adoption and interest continue to increase. From the technical perspective, the market has actually hit the oversold area on the RSI indicator perspective both on the daily and weekly time frames,  whereas on the monthly perspective, it's a bit below the 50% zone. So if we mirror the 2019 short-term cycle, then we will most likely be bottoming out.

[UmerIdrees]

Do not mind anything that any analyst is saying, we do not know yet if the bear market is over yet or not yet over. Also bitcoin is struggling to make the $70000 a resistance but let see what will happen.

Bitcoin has moved to the price that I think the bottom has been hit or very close, but that does not mean I will say the bear market is over because what if bitcoin price is unable to increase yet, or maybe slightly fall more before but market will begin.

That the biggest mistake that people do is that they think that if the bitcoin has dumped or flash crahsed, it is most probabaly the last dump and the prices will move up from here. In reality, this is not how the market works and also the bear market isn't that small that it is done with the one big crash.

Yeah, we saw the bitcoin price jump from 60K to 70K but that doesn't mean that it can't go lower again. We can move all the way upto 80K to bring liquidility plus hope in the market and then dump again to below 50K. The bear markets are brutal.

[STT]

Its not certain just yet and I say that optimistically even while cautious.  Its important not to jump the gun, the price is below the weekly average now and for the last week but it has stayed just below, languishing more then any determined decline.

[Reatim]

Bitcoin has moved to the price that I think the bottom has been hit or very close, but that does not mean I will say the bear market is over because what if bitcoin price is unable to increase yet, or maybe slightly fall more before but market will begin.

the current bear cycle might stray adrift from the ones before or it could just be like the others wherein it will last for a few years until the halving event but it doesn't necessarily mean that bitcoin would still go down even further it could just move sideways for more years

[bbc.reporter]

Is the expert becoming more correct? I reckon that the cryptospace market might be beginning to dump and form the bottom. I am not quite certain if I am correct, however, the contrarian in me is becoming very much more bullish. This market dump will certainly give everyone a good chance for a lower entry heheheh.



Google searches in the U.S. for "bitcoin zero" surged to a record 100 on the company's relative interest scale in February, coinciding with bitcoin's slide toward $60,000 after a 50%-plus drawdown from its October all-time high.

The spike could be read as a signal of widespread capitulation and, potentially, a contrarian buy signal. Similar peaks in 2021 and 2022 occurred near local lows in the bitcoin price.

Read in full https://www.coindesk.com/markets/2026/02/22/bitcoin-to-zero-searches-spike-in-the-u-s-but-the-bottom-signal-is-mixed

[Ishicryptic]

Well, experts will always come up with what they think about the bitcoin market, but all I know is that Bitcoin can't be predicted and no one can exactly tell what the bottom is like, or if we have already passed the bottom of the market. Whatever the bottom is, it shouldn't really bother investors because it is even a privilege to come across the bottom of bitcoin and take advantage of it.

Just keep buying bitcoin irrespective of what the price is. Holding Bitcoin should be the target, and that is the way profit can be generated from bitcoin if you really want to take advantage of buying low.

Many experts have misled us in the past, they where quite sure about their predictions but in the end the market decides where it will swing to, maybe we have hit the bottom as the expert said, we'll have to wait and see. What you can control is when you want to buy or sell and as it is we can take advantage of the dip to accumulate some more Bitcoin while we're waiting to see if price has hit bottom or it will plunge dipper than what we are seeing now. This is bear run and the best strategy is to keep holding because whichever direction the market swings on the short term it will eventually recover.

[bbc.reporter]

This occurrence might be a warning sign that the bottom is in. According to this article, there was a mysterious Chinese investor from mainland China who has invested $436 million in Blackrock's bitcoin ETF. The writer of the article has created 2 speculations, this might be a millionaire or billionaire that wants to send investments out of China through the bitcoin ETF which implies that there might be more millionaires who want to send investments out of China through the bitcoin ETF.

The other speculation is there are investors from China who are finding secretly a method to invest in bitcoin while everyone is dumping that caused the lower price.

I reckon that both will certainly imply that the bottom might be near hehehehe.



When a shell company called Laurore Ltd. filed a position of about $436 million in BlackRock's iShares Bitcoin Trust (IBIT) exchange-traded fund — its first and only filing — listing a Hong Kong address and phone number, the crypto community took notice, and a social media frenzy began.

What made it even more interesting is that it listed "Zhang Hui" as a director in the U.S. Securities and Exchange Commission (SEC) filing, a name as common in China as "John Smith" in the West, according to a X post by ProCap's CIO, Jeff Park.

"Smells like capital flight to me," Park said in his post. Even Bloomberg's ETF analysts weighed in, with James Seyffart replying to the post, "I spent almost an hour trying to figure this out earlier this morning, I got absolutely nowhere."

The mystery became even more intriguing when CoinDesk visited the Hong Kong address listed in Laurore’s SEC filing.

What does this all mean?

If it is "capital flight," in this context, it would mean funds moving out of mainland China into offshore assets via Hong Kong, such as U.S.-listed bitcoin ETFs, potentially to diversify wealth beyond the reach of domestic capital controls.

However, it could also simply mean that Laurore is just part of a cluster of funds or family offices, under the umbrella of a larger Hong Kong-based entity that invests in bitcoin ETFs. If so, it would imply that, due to low liquidity and high fees of HKEX-listed bitcoin ETFs, a Hong Kong-based fund chose to allocate to the U.S.-listed IBIT, which offers much greater liquidity and lower costs for institutional investors to park their capital.

Read in full https://www.coindesk.com/markets/2026/02/23/mystery-hong-kong-investor-in-blackrock-s-bitcoin-etf-breaks-silence-after-usd436-million-stake-sparks-controversy

[Zanab247]

Some time experts prediction may not come true but that one doesn't mean they are not making progress from their prediction. As it stand now I don't think the bull run has come despite the suddenly green light that started displaying since yesterday to make some feel the bear run is leaving the market for the bull run to take over to alert people to get ready for another bull.

If this current price is the bottom in this bear season  I don't think majority of buyers will going to risk their capital to buy small BTC, because they are still waiting for the price to fall to $45k before they can use the money to buy plenty of BTC but seeing this current price it will make them feel disappointed, because this is not the price they are waiting to see in this new month.

[d5000]

I think the fact that the price didn't break 60,000$ even in an event of major geopolitic tension -- the US/Israeli/Saudi attack on Iran, of course -- is another sign that the support in the 60k area is quite strong.

When the first explosions were recorded yesterday, the price briefly dipped from 66,000 to 63,000. But it seems there were enough buy orders in this area to not even get really close to 60k.

I'd still not bet money at the 60k bottom. It's still a bit fragile. But each confirmation makes the support stronger. And if the bears manage another liquidation wave with no real adoption-related reason, it may be also develop into a "Wyckoff Spring" type bottom (several bottoms at 60-63k followed by a final shakedown to let's say 55k and then an uptrend.)

[Sonia_123]

As we can see we are still in the bear season which is not over yet, nobody knows when it will be over, alot of people taught $70  was the bench mark, but it has gone below that and some how still continues to drop, the only time we can be sure that the bear season is over is when the price of bitcoin starts going up without dropping again, then we can be rest assured that the season is over.

[bbc.reporter]

The bottom is in, if you price bitcoin in gold hehehehe. However, if you are a gold investor this might be your chance to take the profit from your gold investment and use this to buy the bottom of bitcoin? In any case, this will certainly be risky but it appears that this Brazilian expert speculates that this will be bottom for bitcoin if priced in gold.



Bitcoin’s path to a market bottom could come as soon as next month, if the gold-denominated bitcoin price is any indication, according to Rony Szuster, Head of Research at the largest Brazilian crypto exchange, Mercado Bitcoin.

In dollar terms, the most recent peak occurred in October 2025 at about $126,000. If the current cycle follows past patterns, the downturn could extend into late 2026, Szuster wrote in a report shared with CoinDesk.

But when priced in gold, the timeline shifts. Bitcoin reached its high against gold in January 2025. Applying the same 12- to 13-month pattern would place a potential bottom around February 2026, with a recovery possibly beginning in March.

Read in full https://www.coindesk.com/markets/2026/03/01/bitcoin-market-bottom-may-be-nearing-at-least-if-measured-against-gold-analyst-says

[bbc.reporter]

This old man Ray Dalio who is a respected investor in traditional finance has again renewed his skepticism on bitcoin. Heheheheh these old men's fud are very much warning signs that the market might have reached the bottom already! We might begin another Trump pump if the Clarity act will have the votes in the senate and signed by the Donald!



Crypto experts are pushing back after billionaire hedge fund manager Ray Dalio renewed his skepticism about bitcoin arguing that the largest and oldest cryptocurrency lacks the qualities that make gold a reliable store of value.

Speaking on the All-In Podcast, the Bridgewater Associates founder said bitcoin should not be compared to gold because it lacks central bank backing, offers limited privacy and could face an existential threat from future advances in quantum computing. Dalio also pointed to the asset’s public ledger, suggesting transactions can be monitored and potentially controlled.

Read in full https://www.coindesk.com/markets/2026/03/04/crypto-bulls-slam-ray-dalio-s-tired-narratives-in-defense-of-bitcoin-s-future

[STT]

Great call I guess as we have not moved further since the start of Feburary but the problem is we havent moved higher either.  That single week of range at the Feb start contains entire the BTC price action ever since, we're caught within the net of the volume traded at that time.
  We could presume positive by holding the lows but the highs also have to be questioned, as yet unproved.  I'm still not sure, I think its mostly sideways and further test occurs before we go up easily.

[d5000]

Great call I guess as we have not moved further since the start of Feburary but the problem is we havent moved higher either.  That single week of range at the Feb start contains entire the BTC price action ever since, we're caught within the net of the volume traded at that time.

I have a theory about that, and that one could be another confirmation for strong support in the low 60s.

Assumption: Most traders think that at 60k, Bitcoin is undervalued, and this leads to strong support in that area. The 60s were only reached due to a cascade of liquidations when the 80k bottom from November/December and then the 74k bottom from last March were broken.

Possible confirmation of the assumption: Even if the Iran war has escalated to levels not seen in years in this area (and clearly further than in the early 2025 attacks) the Bitcoin price didn't hit lower lows. This includes the oil price spike last weekend, which only led to action in the 65k area. This means that there is enough buy volume in that area that an attempt to break further down in the 60k area and below, even with extreme levels of fear, is difficult for the "shorters" camp.

 We could presume positive by holding the lows but the highs also have to be questioned, as yet unproved.

At least we have, until now, reached higher highs with each >70k spike. The first one stopped at 71k, then we had one at 72.xk, and few days ago 74k. 74k is already above the 2024 high, but still lower than the March 2025 low, which is the next obstacle to surpass if we're going bullish again.