Post
Topic
Board Speculation
Re: Abolute bottom of Bitcoin?
by
Oasisman
on 23/05/2021, 11:39:47 UTC
Looks like we did just get the big bottom of the market! $30,000 it was. 54% drop from high seems reasonable for the big bottom considering there was no blow-off top and their won't be a crypto winter but just a lull for a few months before the price we're pushing to new ATHs again.

I figured $40k would be the bottom, turned out it was $30k but it's finally in. The panic can stop now they we've hit bottom prices and fiercely bounced off as the bottom is rejected.
This guy...it seems like if we went to $20k he'd call it the true true bottom.

Well, nobody really knows where the bottom is. So, most definitely you can either say the true true true bottom If it goes below $20,000 right?
Nevertheless, everyone is just speculating with how Bitcoin would react to news and price forecast.
However, Bitcoin has been moving sideways from $31,000 to $39,000 last couple of days, and there's still a huge possiblity that $30,000 isn't the bottom yet, before Bitcoin bounces back to $50,000+ or hit another ATH.