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NEWS Bitcoin's break above $20,000 has investors wondering if the crypto bottom is in. Here's what analysts say

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Cryptocurrencies are on pace for their usual "Uptober" gains and the recent low volatility looks a lot like the start of a new bull run. ...

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It seems more likely that we may visit the $13 k region or even break below it before we get to the bottom. Things went from bad to worse with the FTX mayhem, but perhaps there can be a relief rally for a while this December.
 
Breaking of 20,000 support is something that happened a few months ago but now currently it is around 16,000 dollars but I believe the price might even drop lower as long as it has broken the sixteen thousands support i thought was the bottom .
 
The predicted bullish run didn't occur as planned and this is one of the reasons why I'm so skeptical about crypto currency. Only yesterday, a whale moved over 120,000 BTC that caused the internet space to panic.
 
So many things control the movement of cryptocurrency and not only based on technical analysis. Even with that I think it is still the best time to invest as the market may not likely drop much for the.
 
We are currently in a bearish market and it is most likely that Bitcoin could continue its bearish trend due to the nature of the technical and fundamental factors in play.
 
We are currently in a bearish market and it is most likely that Bitcoin could continue its bearish trend due to the nature of the technical and fundamental factors in play.
There may be a short relief rally from what we are seeing now before we plunge deeper to establish a bottom. Most people are still skeptical about this being the bottom and are waiting for lower prices.
 
There may be a short relief rally from what we are seeing now before we plunge deeper to establish a bottom. Most people are still skeptical about this being the bottom and are waiting for lower prices.
That is why as an investor, it is advisable to not follow the park.
A quote from Warren buffet:
"Be fearful when others are greedy and be greedy when others are fearful" stands excellently true in Investments
 
That is why as an investor, it is advisable to not follow the park.
A quote from Warren buffet:
"Be fearful when others are greedy and be greedy when others are fearful" stands excellently true in Investments
The quote is enough to teach greedy people a lesson about not going more further when you think its time for you to stop , greediness kills most especially during investment.
 

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