I think it has not gotten to the bottom yet and we should hope that bitcoin will recover when it get to the bottom. I see many investors that buy bitcoin over $10,000 still holding and I am keeping faith that in 2019 we would see another direction of the market.
Whether it has gotten to the bottom yet or not, always consider how far the market has moved from the previous ATH down and then you will understand that we are already in a huge dip with no one knowing the possibilities of how things would peradventure pan out eventually. For what it is worth, I believe we are in a market that has been growing yearly and that is something that is always worth paying attention to. However, anyone wants to see it, either dark or light, that is of course how they want to see it, but by now, I expect people to know this is still an early stage of the market and this is a chance to be investing low.
We can say that history repeat itself but it doesn't mean that everything will come along that way. The current situation is pretty hard which could tend that pumps will not occurs at this year but still we do hope and there is a twist on the coming days.
Nothing is actually hard with the current situation, it is just a state of the market and can happen to any market at all, which for those people who are always smart enough to know that this is a market that still has a long way to go when it comes to growth, they will possibly understand the reasons why they should be focusing on the long term and not in the short term instead. So far, we have seen a huge breakout, but certainly we still do not know yet how this is going to end up though, but for now, we can just stay optimistic.
