Post
Topic
Board Speculation
Re: Digital Currency Group's Silbert says bitcoin has 'hit the bottom
by
jossiel
on 20/07/2018, 22:55:36 UTC
And as you can see, the whole market is in the red again.
It's okay, red again as you say?

Red = Bitcoin @ $7,300 that was one of the best red that I've seen again. Color is just an indication but taking a look at the market and it's price makes it more convincing that we really hit the bottom.

Like I said, it's more convincing and believable that we finally hit the bottom but still don't be overwhelmed.

Barry's words are encouraging, love it.
I agree, it certainly is looking like a bottom has been found. We have continually tested $6k and even briefly fell below that. The bottom was about $5700 - $5800. The market violently ate up coins in that range and we rebounded back above $6000 within a day. I'm certain with this recent push above $7000 that the bottom has come and gone. If only I would have boughten some coins at that time...
And while the altcoins are tanking, this made bitcoin stronger and showed on how it's totally reigning the market. We may see $7,500 by Monday if that won't happen, I'm sure that bitcoin won't stay long on $7,000-$7,400.

Why you haven't bought some when it has finally hit the bottom as you assumed?