Are we at the Bottom of Bitcoin?
A few big investors are predicting that the Bitcoin bottom is near and have begun buying, while others say there is more downside to come. Juan speculates that we might be at the bottom, but there is no way to tell for sure.
If you were going to buy back into Bitcoin now for instance, you would be buying Bitcoin at something close to its lowest so you wouldn't want to buy too much because you might miss out on the big run. Which brings us to the next consideration. When will Bitcoin go back up? Even though some people think it has already hit its rock bottom, people still seem a little bit cautious even if there is opportunity there. After all, every day we see people make predictions on when something is going to happen, and almost none of those predictions come true.
So is there a way to stay ahead of the market and find out when will it bottom? Lets find out!
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