Is the bottom in for crypto?

The cryptocurrency market is currently going through a fairly strong recovery. I think this recovery will be followed by another significant downturn.
 
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I don’t think the market has reached its bottom yet. I expect another major sell-off, which could lead to the formation of a new bottom.
 
MetaZone said:
The cryptocurrency market is currently going through a fairly strong recovery. I think this recovery will be followed by another significant downturn.
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But when that is the real question because 2027 is literally so close
 
To be honest, I don’t understand technical analysis at all, but I think that once the price approaches $30,000 and following a significant correction, a bullish trend will begin.
 
Hi I am Mitu said:
To be honest, I don’t understand technical analysis at all, but I think that once the price approaches $30,000 and following a significant correction, a bullish trend will begin.
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If you dont know how to read the price so how can be you be so sure that it will hit 30k and go back up again?
did you Googled it
 
ARB788 said:
If you dont know how to read the price so how can be you be so sure that it will hit 30k and go back up again?
did you Googled it
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Open the price history, rewind to the start of the 2020 bull run, and watch the chart in real time up to the present—it looks surprisingly similar, and if it continues to follow this pattern, a significant decline should occur in the first months of 2027. :D
 
Hi I am Mitu said:
To be honest, I don’t understand technical analysis at all, but I think that once the price approaches $30,000 and following a significant correction, a bullish trend will begin.
Click to expand...
This can happen once the bitcoin makes nBitcoin after the bull run only because of halving
 
Hi I am Mitu said:
Open the price history, rewind to the start of the 2020 bull run, and watch the chart in real time up to the present—it looks surprisingly similar, and if it continues to follow this pattern, a significant decline should occur in the first months of 2027. :D
Click to expand...
Ok bro you wonn :weep:

Founder of bitcoin :p
 
When it comes to cryptocurrency, it seems almost impossible to predict what will happen, and no one really knows exactly where the bottom or the top is.
 
When everyone thinks the market is about to reverse, that's when a new bottom will form. I think in Q4 of this year we'll see BTC at 45k -> 52k. I'm saving money to buy more at that time. If BTC continues to rise and surpasses 100k, I won't regret it much because I've already bought 50% of my assets around the 60k
 
the $58K area may have marked the bottom of this correction. However, further confirmation from the cycle structure is needed before concluding that the bottom is firmly in place.
 
I’m fairly confident on the bottom being in, today as well we see there’s a good amount of support in the mid 70s range for BTC. Hopefully we’ll start seeing a move to the previous ATH in the next few months.
 
I think so, 58K makes sense if you go by previous cycle lows. I feel like well really start picking up traction around Q1 of next year.
 
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