Post
Topic
Board Speculation
Re: Do you think Bitcoin price will bottom out at $3000?
by
omonuyak
on 02/04/2019, 17:56:49 UTC
What do you think? will stop at $3000 level or will it go further down

Although this thread is old, I have decided to post this thread even though I know the thread is old because of the following reason:

after 3 weeks the price rose to $3900, yes contrary to the opinion that the price is falling (I even prepared money to buy because I thought the price would fall to  $1500) to  $3000 the price has gone up, that means that Do not believe the opinion or analysis of the news channels in nor in the opinion of these famous faces of the crypto world. because they're always wrong

I think we're already past that now. This 3.9k level seems to be on an accumulation stage and we may just go up from here. Though i wouldn't be surprised if we drop again to the 3.5k points but 3k flat is probably unlikely.
That is really the truth about the current market situation.  Bitcoin bottom out is now a past things.  We are at the recovery face of the trading cycles and it is important we understand that currently bitcoin is doing well and very soon we would start to see consistently growth.