Does this mean that we have felt the bottom and there will be a rebound soon? Is it time to buy?
I agree that the price drops across the cryptocurrency market are quite large, but in my opinion, this is not the bottom yet.
Of course, I would be very happy if prices stopped falling, but unfortunately it is very likely that the bear market will last longer.
If someone is investing for a longer term, I think this is a good time to buy. If someone wants to invest only speculatively, I think he can take a risk and wait, because prices may still fall.
Talking about bottom price or not depend with whales have enough FUD made by them or not, right now Russia try how to play bitcoin and altcoin price at least one week try to make bad speculation about bitcoin from try to banned and removed mining way on their country. Last few hours Russia make new announcement again for adopting bitcoin or altcoin and give support for mining project keep running on their country. Looks Russia try to make how did by China before, first give bad news and make many investor panic for selling with lower price and later make positive news and bitcoin back to higher price.