Quote from: kawetsriyanto on Today at 11:04:09 PM

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.

No one really knows what the bottom is, even an expert should be difficult to predict it. $10k, $12k, or $15k for the bottom is purely speculation, people guess it with their own analysis. Sure, no guess who has a big accuracy, sometimes people just speculate it without any reason/research/analysis. However, speculation about the bottom will be $6k seems too much for me. I know it is not impossible, but it is too much if we consider the BTC ATH in the previous year.

My best guess of the bottom would be around at $12k to $15k if ever it's going to dump again but for now let's settle with the $17k then. Let's not expect something from the market since it always disappointing us when we try to speculate a specific price but it's not going to happen.