Post
Topic
Board Speculation (Altcoins)
Re: Has the crypto market reached its bottom yet?
by
ePesoInitiative
on 15/12/2019, 16:36:53 UTC
This thread is old. Bitcoin has indeed reached the bottom in March, confirmed guys. The question now is will Bitcoin make a double bottom or Bitcoin finally bottoms out around $7,000? Leave the analysis to TA traders because Bitcoin's halving will surely be bullish.
it wont be double bottom, from $ 3,000 to $ 13,000 if back to $ 3,000 isnt called double bottom, mate
furthermore, the halving is near here. I think the last bottom would be $ 6,000-7,000. then we will see another ATH in the future

that's what history tells us. Just take it if you believe with cryptocurrency.

It's around $7,000 today. And there are many buyers itching to get filled around $6,500 to $6,900 because they believe the panic will push sellers to sell and also miners because the breakeven cost of mining is around $5,000. They just have to realize their mining profits.