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.
Indeed, no one knows at what price the true bottom of Bitcoin is, because the movement of Bitcoin is still difficult to predict.
But I hope Bitcoin will not drop below the $ 30k price, although there is a possibility that the Bitcoin price could drop below the $ 30k price.
If we look at Bitcoin it always fails to rise back above the $ 40k price. Hopefully in the near future there will be good news about Bitcoin,
so it can be a trigger for the Bitcoin price to rise.