It has been an interesting week thus far in crypto and bitcoin has full well been part of it.
After cracking the key 30K level everyone was watching the question became....Where is the Bottom???
There are several potential levels that could eventual claim this fame and I talk about them in this video analysis...
Bitcoin Bottom Price???
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I would bet all my crypto on a $22k BTC this year if I hadn't lost it all with Luna...
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UGH. 22K is my bottom number, if we get there I will buy heavier. I'm also eyeing 24K to grab some.
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i would be surprised if schiff got his 10k call lol
Will 10k be possible?
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99% chance we don't see 10K. If we do then all financial markets are probably REKT
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Bitcoin bottom is cool, but will HIVE go low enough for me to grow my HODLings?
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Yea, I'm wondering the same...
I've been buying the dip but I'm waiting to see what happens after the weekend... if it goes much lower I'll have to go all in
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Me, like a true Californian, can't go all in till next paycheck...
We will see.
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Wouldn’t even go all in with a double paycheck. Crypto is still lot of risks, even total loss (see Terra Luna).
But I guess that was kind of a joke you did, right?
Greetings to California from Germany
Thomas
I was just being silly, cause here in California we have a higher income than many other places.
But everything is so expensive that we live paycheck to paycheck anyway.
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Yes heard of it. That’s why many people and even companies like Tesla move to other states like Texas. 😏
Hopefully as I went some hive lower too!
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I'm looking at litecoin to see if it kisses $30 yet.
I've been playing in this sphere long enough for these "blood bath prices" to look "pretty good, pretty good."
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Yes sir!! I've been asking in discord for so long! wen bottom!? Now I finally know!!
Thank you so much!
We're probably getting to a $19k. This might just be the beginning
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👍🏻Your analysis and potential bottom zone matches with Elliot wave analysis (saw a good video of a German crypto analyst yesterday). Somewhere between 20-27k they said will be very likely the turnaround. Depends on market sentiment and relative strength. Might even go down below 20k but that’s rather unlikely.
As yourself I hope it will be in the area we saw this week. Even though we crashed the Support at 29-30k holding the 26k at least is in the current situation (Terra Luna) a good sign to me.
I'm not sure where the bottom is or if we've hit it for now. Just holding and waiting, gosh I'm glad I'm not a trader.
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Yeah, I don't know that this is a long-term bottom, but I was happy to dollar cost average in the 20s.
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Now Bitcoin is trading at over 30K. That's good. Altcoins price starts rising as well. Let's where it goes from this point.
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And you probably grabbed some..
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Bitcoin's return to above 30K looks quite positive. If Bitcoin can maintain 30K, the bear market may end sooner. It is very difficult to know what will happen to some altcoins and can trust be rebuilt? We'll wait and see that.
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