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Learning & News => News related to Crypto => Topic started by: newshunter on November 24, 2019, 07:00:30 PM

Title: After Testing $7K — Is Bitcoin Price Finally Close to the Bottom?
Post by: newshunter on November 24, 2019, 07:00:30 PM
After Testing $7K — Is Bitcoin Price Finally Close to the Bottom?

A bottom may be close for Bitcoin following a steep drop to $7,000


Source: After Testing $7K — Is Bitcoin Price Finally Close to the Bottom? (https://cointelegraph.com/news/after-testing-7k-is-bitcoin-price-finally-close-to-the-bottom)

Would appreciate your opinion about this
Title: Re: After Testing $7K — Is Bitcoin Price Finally Close to the Bottom?
Post by: Fenix on November 25, 2019, 05:37:22 AM
This technical analysis of prices in the cryptocurrency market is very vague, but generally indicates that bitcoin should not fall even lower and that a bull market can be expected in the near future. It would be nice, but today we see that Bitcoin again fell to the level of 6772 dollars. I also think that we are reaching the bottom of the current fall. However, to see such a fall in the cryptocurrency market at the end of the year is not very pleasant.
Title: Re: After Testing $7K — Is Bitcoin Price Finally Close to the Bottom?
Post by: bxipp on November 25, 2019, 08:22:02 AM
This technical analysis of prices in the cryptocurrency market is very vague, but generally indicates that bitcoin should not fall even lower and that a bull market can be expected in the near future. It would be nice, but today we see that Bitcoin again fell to the level of 6772 dollars. I also think that we are reaching the bottom of the current fall. However, to see such a fall in the cryptocurrency market at the end of the year is not very pleasant.
nah.. i still thinking bitcoin will dropping again and this might be continued until next year. We all can see such a low activities on the market at the moment. Sad but it was a true fact cryptos still going down right now.