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❓ASK What is Bitcoin Bottom

Yugocean

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The Bitcoin (BTC) price has dropped so much that, now market experts are trying to figure out the value of Bitcoin on the basis of its Bottom (minimum point of loss), insted of the next ATH (All Time High).

The movement of the crypto market is based on Bitcoin; crypto experts are currently calculating all technical analysing, there are lots of guess, but no one is able to indicate anything clearly.
 
Bitcoin is stable at the moment but if it start to fall then we may see bottom at about $23k in next 3 months this calculation can be made from bitcoin performance in the last 5 years which shows how it has behaved normally over the years.
 
Bitcoin bottom should be lowest price the value of Bitcoin can go. Most times, it's trickery trying to predict a bottom. The best to buy is using Dollar cost average so you buy more as it dips. The bottom for the current bear should be 16k or so
 
The lowest Bitcoin price for a specific time period is referred to as the Bitcoin bottom. A day, a week, a month, or even many months might all be included in this time frame. It's an expression used to indicate the potential peak of negativity and the final phase of a downward trend in the bitcoin market.
 
We may have already seen the minimum, or maybe not if we are sure that a global crisis could hit all the equity assets in which we pigeonhole Bitcoin and its crypto companions, so we still cannot be sure that the $ 15,000 was the floor of the asset, the following months remain decisive for the asset and the markets in general, since macroeconomic forces are the ones that are taking over the market right now.
 
"Bitcoin bottom" is a term used in the context of cryptocurrency trading and refers to the point at which the price of Bitcoin (or any other cryptocurrency) reaches its lowest level during a particular market cycle.

The concept of a bottom is significant because it represents a potential buying opportunity for investors and traders who believe that the price of Bitcoin will rise again in the future
 
The bitcoin ETF funds are funds that are subject to the market price, certainly they cannot be known with precision since their price varies according to the cryptocurrency;
 
"Bitcoin bottom" is a term used in the context of cryptocurrency trading and refers to the point at which the price of Bitcoin (or any other cryptocurrency) reaches its lowest level during a particular market cycle.

The concept of a bottom is significant because it represents a potential buying opportunity for investors and traders who believe that the price of Bitcoin will rise again in the future
In addition, you can use the Bitcoin bottom price to make impressive decisions for other top-ranking coins that follows the trend of Bitcoin. Analysts also use this in most of their predictions for either spot or margin trading activities.
 
A bitcoin bottom indicates that investor pain has come to an end. Prices usually see a good uptick after hitting rock bottom. This makes the bottom the best time to buy into an asset.
 
I think right now the market is very tense and is waiting for news to know where to go, the news of Huobi has come out and possibly go bankrupt and the whole problem with Justin Sung, we will see how this ends.
 
I think right now the market is very tense and is waiting for news to know where to go, the news of Huobi has come out and possibly go bankrupt and the whole problem with Justin Sung, we will see how this ends.
How will Justin Sung and Huobi affect the market so could you label more details as I have no single information about what you are trying to say or even link to a full article of news to have more information?
 
There is information that at present, holders have bought a record number of bitcoins and are waiting for further events. Everyone buys bitcoin, they probably know something or think that there will be a take-off soon. Here is what is written on one Internet resource: "At the moment, analysts note that large investors are gradually converting their savings from sbablecoins into bitcoin. If the trend continues and is supported, this will create the conditions for a new take-off."
 
There is information that at present, holders have bought a record number of bitcoins and are waiting for further events. Everyone buys bitcoin, they probably know something or think that there will be a take-off soon. Here is what is written on one Internet resource: "At the moment, analysts note that large investors are gradually converting their savings from sbablecoins into bitcoin. If the trend continues and is supported, this will create the conditions for a new take-off."
It could be someone buying out bitcoin or bitcoin cash for carry out a transaction in bitcoin or bitcoin cash so not everyone for holding the cryptocurrency and that is the difference between someone just using it for pay out and another for working purposes or investment or staking purposes.
 
The price of Bitcoin has taken off because the U.S. debt rating was downgraded having many investors who have fled the traditional sector in my opinion, also many of these purchases have been given by the futures market, so we must remain alert.
 
Currently, there are still short-term fluctuations in the value of bitcoin. There is no big price jump at the moment, although almost all holders who bought cryptocurrency on the eve are waiting for it. Yes, in fact, there are no big prerequisites for a jump in the value of bitcoin.
 
The crypto world is filled with speculation and uncertainty. It's true that many experts are trying to determine the value of Bitcoin based on its lowest point. This is likely because there is so much volatility in the crypto market, and it's hard to predict when the next Ath will occur.
 
The crypto world is filled with speculation and uncertainty. It's true that many experts are trying to determine the value of Bitcoin based on its lowest point. This is likely because there is so much volatility in the crypto market, and it's hard to predict when the next Ath will occur.
You are surely correct. The most difficult coin to predict these days is Bitcoin. There are many prediction especially April when most people believe that there will be Bitcoin halving. We only need to trade wisely
 
You are surely correct. The most difficult coin to predict these days is Bitcoin. There are many prediction especially April when most people believe that there will be Bitcoin halving. We only need to trade wisely
I do not think there is relationship between bitcoin and its fork as every one has separable network for working on and they are not related on the term of services or gaz fee or number of transaction like bitcoin bottom or wrapped bitcoin or bitcoin srv or bitcoin cash, like you talk about litecoin and dogecoin.
 

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