Bitcoin price CRASH: Analysts think cryptocurrency could be reaching its BOTTOM
BITCOIN could be reaching the bottom of its bear run as experts speculate the cryptocurrency could fall in the $6,600-$6,000 range over the weekend, it has been reported
Many speculators are saying bitcoin bottom was around $1800 and $1400 therefore, I doubt if bitcoin will reach that low before strong recovering. I think we are at the time were bitcoin do make a bullish trend and the December that people were saying it is going to bearish could not push bitcoin price that low.
Speculators will always say whatever they want or whatever suits them and that is why they are called speculators anyway. The fact that the market is more speculative in nature is what has made it easily manipulated the way it is right now.
We really will be lucky if we manage to hit $3k, as I believe there should be a very strong demand within this region. Nonetheless, no one knows the future, the market can go down lower and even reverse before then, and the only thing we obviously can do right now is just to watch and see how events unfold.