3D·

Bitcoin bottom?

Where do you see the bottom at the current time with $BTC (-0.73%) ?

My forecast approx. 40k - 55k

Have you already bought???

11 Comments

Sascha D.@Kalleminogue

I don't believe it will go any lower. That's what was said today. 90k by the end of July

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Eugen_Cash@Eugen_Cash

@Kalleminogue what makes you think that? :)

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SGP@Koenigmidas

@Kalleminogue I would be very happy with 40k

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Charmin@Charmin

For a stock that has virtually no fundamental data, the view into the crystal ball is even more clouded.

It could be 40k in a month, it could be 70k, it could be 100k, it could be 10k.

Impossible to say. Think it could still go down in the coming weeks due to SpaceX et. al. FOMO.

Why?

Because perhaps many people who have invested in BTC in the last 2 years and are sitting on losses may switch in search of a new attempt that will make them rich tomorrow.

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Stefan@Da_Fischi

Yup, we buy more every week

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Tenbagger2024@Tenbagger2024

I think there are also some people who got into Bitcoin quite late. Who will use price rises to get out again without losses. That is why there will probably be setbacks after every rise.

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Georg E.@Georgeous

Why do you have this prognosis? Gut feeling?

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Eugen_Cash@Eugen_Cash

@Georgeous Due to the confluence of several factors: Fibonacci retracement of the entire rally, 200 week EMA and the previous breakout zone around 40-50k. Therefore, I think 45-55k is a realistic range where Bitcoin could find a bottom. But of course nobody has a crystal ball. :)

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Kai@Dividenden-Sammler

The bottom is at €0. That is actually logical. But whether it will go down that far is written in the stars.

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𓆙@MedusaFi

I have a weekly savings plan 🐍

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Craig@BDCBOY

15000 USD but who really knows

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