Quote from: Ambucrypto369 on July 16, 2019, 05:42:06 PM

Bitcoin facing another bear market suddenly...what would be the bottom price of btc, Is there is any technical analysis to find?

Bear market? No. People just used to see BTC nowadays going up.

What would be the bottom? Who knows? As far as most TA's are a concern, we already have established support at $9,000+. If that will be breached next support will be $7,500 to $,8000. Then etc.

But you know don't think of it too much. We need this price dip to make rooms for another buy and to strengthen the foundation around given support established at a lower level. It's way more interesting to see first if the price bottom for a long period will be at above $10,000 and much higher. So if ever a big and hard pump will happen again, we can expect that we will end up at 5 digits as a bottom.

You should take advantage of this too.