Quote from: Sanitough on Today at 09:27:39 PM

Quote from: Mark301 on June 16, 2022, 10:25:25 AM

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

You can't precisely predict the bottom price of bitcoin since its always uncertain in the first place. No one here is good enough to do that. But you can still invest even if it's not the bottom price, just by doing DCA. After all, your aim is to hold bitcoin for long term investment so even if you don't buy at its bottom, as long as you only sell them at its good and reasonable price, you will still be profitable. Just be patient once you invest as bitcoin may not recover its price easily as it could take a year for it to recover.

We can only speculate about the bottom price but we can't be very sure what price level it will hit rock bottom for this bear season. Like for example, we can say, it may hit the $15k level but who are you gonna believe, right? So it really depends on how will the market behaves in the coming days. And you may want to take advantage of this opportunity if you want to get more satoshis.