Hi
Been wondering how to tell we have reached the crypto bottom? have we already bottomed out(I personally don't think so im not sure). If we look at the current world financial system - it looks dire. surely this will all have a impact on people investing in crypto and when funds are short, may even withdraw their investment.
That is something no one can "spot". No one knows what the bottom is. If we knew what the bottom was, we would all invest during the bottom and end up being very rich.
Personally, because of the state of the financial system, I cannot see how crypto can become bullish as long as the world economy doesn't show signs of a recovery . I could be wrong though ?
what are your thoughts on this? Is a further crash on the horizon?
You are wrong. Just look at the chart and zoom out. You will see after every "crash" crypto currencies eventually recovered.