I'm looking for a good re-entry point and thought I'd canvass the group to see where you think the bottom is before she starts her climb back up through 42K and beyond?
I am thinking around 20K.
Does the latest weak down to $28k is not safe enough for you to make your re-entry?
20% or 30% down from the all time high is safe enough for you to re-entry the bitcoin market and enjoy strong bounce with profit in short term, in hours or few days. The coming days are important for the market as the USA. Elected President will have an Inauguration date on 21st January. I don't know what will happen on that day. If there is no serious things, the market might response positively but who knows the future.