Re: BTC bottom is yet to come???

Quote from: drlukacs on Today at 08:09:36 AM

Quote from: ravv2016 on April 20, 2020, 02:53:59 AM

Guys, how many of you feel Bitcoin will test another bottom before the halvening event Huh

I have a feeling that the price drop will be coming soon one last time to somewhere between 3k-4K range Grin

It will not come back anymore. The market is now accepting bitcoin at such a high price and it can only sideway or drop around $ 500- $ 700 more and then it will to the moon. I feel that the crypto market is bustling again and they are buying more and more. The volume is moving to the alts in the top 100 in CMC, it seems they are preparing for a big pump in the crypto market. This is also a good time to buy.

Despite the fact that the market proves to be strengthened, you shouldn't use the current market momentum to judge what will happen in bitcoin market because if we use the historical information of the previous bitcoin market when it halving bitcoin market should experience the last bottom price before the bullish market finally start.