Is This What The Bottom Will Look Like In Bitcoin & Crypto Markets? BTC, ETH, XRP, BCH & Crypto News

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What will the bottom of the Bitcoin and crypto bear market look like? BTC, ETH, XRP, BCH, LTC, and cryptocurrency news!

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  1. Seems about right. After the 6k-level breached (which I though was a bottom at the time), the 1.8-2k level seems plausible in which a V-form will establish itself – especially due to a "back to the mean" arrangement. That is, if you assume that the bubble take-off started in march/april 2017. This method has proven itself to be quite accurate in the 2011-2012 % 2014-2015 bear market for BTC.

  2. Bear euphoria is definitely kicking in ….. I'd give them another few weeks to Basque in their stupidity before the market turns around and wipes them out.

  3. I've been shorting, and I do agree that it's getting more and more risky. That's why I've been taking profits more aggressively.

  4. Shorts highest ever? I think you are right, quite a few are gonna get rekt and BTC will bounce hard. Always seems to happen on these peaks. You didn't mention how many longs there were though. I read that miners are shorting to stay in business, maybe that's why it is so high.

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