Quote from: peter0425 on Today at 03:26:38 AM

Quote from: virasog on June 19, 2022, 06:39:49 PM

Yesterday the bitcoin price dumped to 17,600$. A lot of people are saying that the bottom would be 12,000$ or 15,000$. Some even think that 6000$ is on the cards. However, we have seen some recovery in the price and it is now above 19500$.

Maybe 17600$ was the bottom or do you think there is more dump in the coming days/weeks?

You have almost the same thread created just an Hour after another thread was created in speculation section here

https://bitcointalk.org/index.php?topic=5403237.msg60400853#msg60400853

though there is 500$ difference from the said thread , now we are looking for more lowering price and yet ?

Maybe it is the bottom? or this is the next lowering in the following days.

If Bitcoin continues its 4years cycle legacy, yes we should be looking for a lower price but this may not happen this Q2 and it should be expected in December.
Therefore, $17600 is not the bottom price and I expect the last bottom price to be at least $13,757. This is my prediction based on the historical price of the Bitcoin market and the prediction may not be accurate but $17,600 is definitely not the last bottom price.