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RE: Are we there yet? Is this the bottom of the bitcoin fall?!
My bet is that we still are not at the rock bottom and should curve up from around 4700 level.
My bet is that we still are not at the rock bottom and should curve up from around 4700 level.
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.