Post
Topic
Board Speculation
Re: Did we hit the bottom already?
by
PowerofYggdrash
on 24/12/2018, 18:35:11 UTC
I think it was not the real bottom. Unfortunately, many experts see the bottom at the level of $2k. I do not like it, but unfortunately it often happens that the market rises only after a complete fall. People are still waiting for lower prices to buy cheaper, so it may happen that their wishes come true.

I got that, however when Bitcoin hit 8k and we are still not at 2k then they might realise that their magical bottom has never occurred?
Nothing can bring down the prices at the moment only major exchange hacks, like Binance hack or ETF refusal. Everything else has been priced in, such as BAKKT delay and ETF delays and so on. No other usual weak fake news/ manipulations would work. Sorry Jp Morgan and Morgan Stanley and Goldman Sachs.
Also soon we are at 200$ ETH price, so the magical bottom lookers option is running out fast.