Quote from: posi on Today at 08:04:34 AM

Quote from: Upgrade00 on February 23, 2023, 07:35:21 PM

A more interesting question is if we've hit the bottom, to which I think we have already and can only go up from this point on.

Despite the fact that the bear season hasn't ended yet, I also believe we have reached the final bottom of the bear season. At the beginning of this year, bitcoin was up more than 50% from the bottom, but we are more than a year away from halving, so I think there will be a lot of correction, bitcoin will still fall but won't go deeper than $15k.

OP, nobody knows what the market will look like in the future, but we are bitcoin investors, we should put our trust in it, don't be negative it won't do you any good.

Hard to say as well mate, maybe there is another black swan event like the FTX, we didn't anticipate it and we also though that we hit the bottom at $17.500. But when the FTX collapse happens the price since deeper to $15.500.

So we will see what this year will bring to us and hopefully there will be no black swan events or any news that will put the market to suffer another -40% to -60% decrease in a very short span of time.