RE: Are we there yet? Is this the bottom of the bitcoin fall?!

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Are we there yet? Is this the bottom of the bitcoin fall?!

in bitcoin •  7 years ago 

My bet is that we still are not at the rock bottom and should curve up from around 4700 level.

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Its a possibility but I think there is a lot of buy side traffic to get below $6000. Anything is possible, if it does continue to go down it won't be as fast as it has been, it will be a very slow, painful drift.

Wouldn't be surprised if it jumped back 1 or 2 times with about 10% increases but would sink for the rest of February until mentioned level, before curving up on March.