What do you think, what is the absolute bottom of Bitcoin?
How deep could Bitcoin ever go, again in the next 5 years?
My bet ist 30.000 $. If we would fall way
lower then Bitcoin has probably failed for ever.
you made it mate! Bitcoin price fell to $ 30k, and now it has increased again and is trading at $ 38k,
indeed there are indications that it will decline again because the $ 40k resistance has not been exceeded in the 1 day Time Frame,
I myself am still monitoring, should I cut losses and buy back or hold again
The price of Bitcoin has fallen quite deeply now, so we shouldn't be in a rush to make a decision. But I do agree that the Bitcoin price may still
fall again, after several failed attempts to cross the resistance price of $ 40k. We'd better monitor in advance until the end of this week,
if Bitcoin continues to fall my advice is to cut loose and buy back at a low price. But the decision is yours alone, just follow the results of
the analysis that you have done. Because following other people's opinions in a situation like this is very risky.