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RE: [ Bitcoin ] Where is the bottom?
I think we can start buying small amounts. I don't think we will go much lower than 6900.
Even Haejin Lee thinks we can go below 7000:
I think we can start buying small amounts. I don't think we will go much lower than 6900.
Even Haejin Lee thinks we can go below 7000:
At the current price, it is a bargain compared to where prices could end up at the end of this year. Price has the potential to fall to the $6,000 area but i dont believe price will have the momentum to push much lower the $6,500. People will know the bottom is near and we begin investing and trading again, eventually giving bulls the upper hand and pushing price higher.
Yes, that makes sense. Nobody will want to miss the bottom. So it everyone is saying the bottom is 6900, we might only go to 7050.
I am hoping for a small rally before we go lower.