RE: Did we just hit the bottom?

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Did we just hit the bottom?

in cryptocurrency •  7 years ago 

Part of me hopes so, but the other part of me that shorted bitcoin doesn't. I believe BTC needs a new bottom and it would be 8k. But if that happens, panic will push it further down, maybe 6k as you said.

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What I think is that the longer the price stays at this level, the higher the chance we can drop to sub $7k or lower. For me, this is still a normal range for correction. But below $5,000 will definitely piss me off haha