Market Cap: $2,157,831,819,430
24h Vol: $73,846,016,110
Cryptocurrencies: 29397
Markets: 112352
Cryptocurrencies: 29397
Markets: 112352
Market Cap: $2,157,831,819,430     
24h Vol: $73,846,016,110
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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