Quote from: sham100899 on January 24, 2019, 06:20:43 AM

Quote from: Legitimate9322 on January 23, 2019, 12:55:00 AM

I know a lot of users thought 6K was the bottom for BTC...then it plunged another 50% down to $3200. Right now BTC is looking pretty strong, it had a HUGE spike from the support level. This COULD mean a reversal is imminent Grin

Right now, I've been trying to accumulate as much NTS and BTC as possible. Every time BTC or NTS dumps a little bit on Nauticus, I've been picking some up. I think this bear market could be coming to an end and if it does we might see the next bull market start. Now, this could be a bull trap, but right now a lot of traders are optimistic and appear to exiting short positions and going long, so we will see.

Look At This Bullish Chart Action! - https://nauticus.exchange/exchange/NTSBTC

the good news is that, bitcoin is still in the middle of its prime and we didnt even at the bottom at it. We can say bitcoin is still hanging on to its dear life because once bitcoin reach its bottom, every altcoin in the market will be dragged by it to and nobody wants it of course.

I agree, BTC needs to find support and rebound eventually. I'm not sure what the "bottom" will be tho. It seems like maybe $3200 or $2800 will be the bottom.