Market Cap: $3,324,713,422,139
24h Vol: $107,064,373,124
Cryptocurrencies: 26281
Markets: 103765
Cryptocurrencies: 26281
Markets: 103765
Market Cap: $3,324,713,422,139     
24h Vol: $107,064,373,124
Seeking Alpha 2022-11-29 07:32:12

Bitcoin: The Bottom Is Near

Bitcoin: The Bottom Is Near
Summary Bitcoin has fallen by 76% during this brutal bear market phase. However, this decline is nothing out of the ordinary, as we've seen 80-85% bear market drops before. While Bitcoin recently hit a low of around $15,000, my bottom buy-in target remains $10-12K. As sentiment improves and demand increases, Bitcoin and other quality functional digital assets should recover and appreciate significantly in the coming years.
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