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 
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
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
I wouldn't say it had a huge spike from the support level. Really it was only a small spike in dollar terms, I think it just looked big as a percentage because we have fallen so far. Even a hundred dollar rise looks big now, whereas in late 2017 a hundred dollars was barely noticeable.
I'm not convinced we've hit bottom yet. Maybe we have, maybe we haven't, there's not enough evidence yet.