Is the bottom in? Crypto community shares their thoughts cryptomarketbag Altcoin update

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As the bear market continues its opening, buying dips immediately becomes a nightmare when crypto prices drop even further. However, the recent decline suggests that the current price could potentially be a good entry point for traders. To find out what the community thinks, visit Cointelegraph Asked Twitter to Answer the Question – What’s Down?

From bragging for further impact and waiting for bitcoin (BTC) prices to drop to anticipating the fun that comes with a bull market, members of the crypto community share their thoughts on the bottom of crypto prices.

Some Twitter users are convinced it’s not down yet. a community member replied As for the thread, saying that people should be prepared for bitcoin to go down even more. “This winter will be tough,” he wrote. Despite having the same sentiment that it’s not down yet, another Twitter user shows off a more positive vibe, saying they’re right. redeemed A few winners are waiting to see what’s next.

Meanwhile, a community member who wrote “Shitcoin maximalist” on his Twitter bio jokingly replied to the thread, but was tired of the crypto crash. He tweeted:

Apart from these, another member of the community also responded with the expectation that the recent price drop is already at the bottom. According to the community member, until the BTC price hits the $25,000 mark, traders will not know if the current price is really a bottom. However, traders hopes This is so that “the fun can begin again.”

related: Reddit NFT Avatar Selling for a Premium on OpenSea

In September, analysts discussed bitcoin’s bottom line and gave their views. Twitter Space Hosted by Cointelegraph. In conversation, Blockware Solutions analyst Joe Burnett said there are several factors that put pressure on bitcoin, including the government’s efforts to combat inflation.

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