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?
Some of the members have already speculated $17,600, that's the bottom or there's another time we never imagined.
I understand Bitcoin once in four years there is a change in terms of price, before the next ATH occurs, my understanding and my belief is that this is not the end of the bear market, there is still a continuation, I don't know how much we'll see.
But we don't know that there prediction is exact to what's going to happen on the market because even if we are quietly have some little pull ups still it will never give any guarantee that the $17,600 is the last dip we can see. Maybe there will be more as the target of other speculators is at more bottom of $17k or more.