As the bear market continues to kick in, buying a dip immediately becomes a nightmare when the price of a crypto drops. However, recent dips show that current prices can be a good entry point for traders. To find out what the community thinks, Cointelegraph he asked Twitter to answer the question – is it the bottom?
Can you please stop jinxing my shorts?
— Stoic Trader (@stoic_traders) September 22, 2022
Hoping that the euphoria that comes with a bull market will continue, anticipating Bitcoin (BTC) prices to continue for more impact and lower prices, members of the crypto community have shared their thoughts on the bottom of crypto prices.
Some Twitter users are convinced it’s not the bottom yet. A community member They repliedPeople are saying they should be ready for Bitcoin to go down even. “This winter is going to be tough,” he wrote. Although they shared the feeling that it is not yet under, another Twitter user showed a more positive feeling when they said that they were the only ones Paid in cash Some winners and waiting for the next one.
Meanwhile, a community member who wrote “shitcoin maximalist” on their Twitter bio responded to the debate in an interesting way, but seemed to be fed up with crypto crashes. They tweeted.
It’s bottom for 550 crashes now, but bottom might not be woohoo.
— MegaFish (@MegaFishest) September 22, 2022
Apart from these, another member of the community responded by hoping that inflation will be at a lower level soon. According to a member of the community, if the price of BTC does not show the mark of 25,000 dollars, traders do not know that the current prices are really low. However, the merchant He hopes “Let the joy continue again” this is it.
Related: Reddit NFT tokens are sold at a premium on OpenSea
In September, analysts discussed the bottom line of Bitcoin He gave Share their thoughts on the Cointelegraph-hosted Twitter site. In the speech, Blockware Solutions analyst Joe Burnett said there are many factors weighing on Bitcoin, including the government’s efforts to fight inflation.