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.
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?
The market will still be bullish after a long term bearish season, and i think the people have already seen it coming. However, there is no way that the market will eventually recover easily from this very dump market. There might be further crashes along the way, and that this current price may not be the bottom for bitcoin. But never panic, as big opportunities are always seen when the market turns more bearish. It's just that we have to take advantage and start buying with the current price, or so DCA, as no one gets to know what is the bottom value of this bear market.