What do you guys think will be the bottom before it goes back up?
$9,500 will be the bottom for this year, I guess and when it goes back the price will rapidly increase again just like before.
And what would be your bottom? 9k? 8k? 7k?
$9,500.
I also hope for that but bitcoin really go in dip as it touches $8400 and maybe I can see the $8k as its bottom and will recover itself gradually.
Obviously, bag holders now somehow worry about their big loss but I'm more positive that they will not let their investment turn to trash so after this crash bag holders has something up to earn again their losses so we should better watch for it.