Business

Battered Bitcoin Devotees Begin to Contemplate a Market Bottom

Published

1 year ago

January 30, 2024

There are increasing signs bitcoin is stabilizing above the $22,000 level. While investors conceded it might be premature to declare that the crypto winter is over, there is buzz that a bottom may be forming. Su Keenan reports on Bloomberg Television.

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Related Topics:battered begin bitcoin bottom’Business contemplate devotees market

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29 Comments

@richardk.mallard3533

January 30, 2024 at 9:26 am

We work for years to have , $1million while some people I know put thousand of dollars in some meme coins and they are millionaires.

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@popcorn6931

January 30, 2024 at 9:26 am

What's bitcoin's intrinsic value besides demand and market signals? Could it be at 0.01 at a certain point due to the low demand from a recession? I'll only put in money to buy today if you agree to buy tomorrow. The other reasons to buy bitcoin like its technology is secondary.

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@elvisherrera960

January 30, 2024 at 9:26 am

It's important to remember people are down on stocks some 90% lol most 40% plus . I am buying heavy weekly both stocks and crypto Ethereum only. Stocks Google at ,Amazon , recently Snap at $10, Riot Blockchain, Meta

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@misshedonism27

January 30, 2024 at 9:26 am

Yeah, it was a lot of increase comparing to the XRP 🙂 LOL

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@MrBakedDaily

January 30, 2024 at 9:26 am

Buy gold

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@nickclinton9837

January 30, 2024 at 9:26 am

Its normal to see so many investors panic amid a worsening bearish market but it is also important to note that the market situation is nothing new in the crypto world. Several factors are driving negative sentiment in the stock and crypto markets right now including inflation, a shaky stock market, rising interest rates, and recession fears. As a result, bitcoin has dropped significantly from its all-time high, breaking below several key technical levels. As a crypto investor, the current situation might seem bleak. However, there are several tried and tested expert-suggested investment strategies that can help you weather the current crypto storm. In few weeks of shorting and trading with signals directly from Feven Lena, I have been able to accumulate over 11 btc despite the current state of the market.

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@christophermike7182

January 30, 2024 at 9:26 am

Thanks<, for all you do! I like your truthful coverage. Mad respect for educating everyone. BTC's price has been fluctuating lately, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. The good thing about the space is that you can buy the dips and put them into active trades, while confidently waiting for a pump in price because it is inevitable. Most people do not understand how the space works. Your advantage is understanding, Charts won’t guarantee what an asset is going to do. Prices will go up or down. Nevertheless, the market has been so profitable despite price ups and down. I've always played safe implementing trades with insights and signals from a renowned trader, Russell Rients. I made 8.5 BTC from the recent crash in the market within a period of two weeks.

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@c.k.y.ind.ltd.4610

January 30, 2024 at 9:26 am

<Every financial requires patience. The Market has been pretty bad until today it decided to surge. Everybody have Practically been Crying then It kept dipping. That's what you get when you feel you can navigate the process on your own. Big thanks to Russell Rients, I'm not bothered with how bad the Market is because my assets are insured due to his advice and, I am comfortably making 1.5BTC every month implementing his daily signals and strategy on my trades.❤❤💕

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@kevinthor5266

January 30, 2024 at 9:26 am

Investing in Bitcoin now is the wisest thing to do now especially the current rise

Despite all the economic crisis this is the right time to start up an investment

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@marktaylor721

January 30, 2024 at 9:26 am

It< makes sense, BTC and crypto is off helping to regulate, rather than pretend it won't ever happen. The big institutions getting in is the catalyst that will launch us into the stratosphere. Most people don't like change but after the change is made they grow used to it and it becomes a non issue usually because their fears never materialize. The projects that initiated the process of regulation have not been ruined, they got involved in setting guidelines and helping the regulators understand the crypto space. I’d get involved more knowing that I have made over 12 btc from day-trade with Axel William Crypto in few weeks.

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@williamsrayan4727

January 30, 2024 at 9:26 am

NICE VIDEO….. PLS I'M NEW TO CRYPTO AND FOREX TRADING AND I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN…I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG?

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@catherinechloe7089

January 30, 2024 at 9:26 am

CNBC News taking about Investors like Layla Claire and Mike Axel how did I get to want of this investors and how much did I need to invest to make at least $5000 a month?

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@Wiz145

January 30, 2024 at 9:26 am

Buy the business, not the price.
$Dexa

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@blanamaxima

January 30, 2024 at 9:26 am

I go eth , don't get bitcoin usefulness.

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@mikedawson8859

January 30, 2024 at 9:26 am

its going to fucking zero

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@mid-classvssup-rich6080

January 30, 2024 at 9:26 am

2021 MARKET-UP+GOOD NEWS = SELL! IF GOES HIGHER = GO SHORT! 2022 MARKET-DOWN+BAD NEWS = BUY! IF GOES LOWER = BUY MORE! It's simple but most people are BRAINLESS.

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@swaep114

January 30, 2024 at 9:26 am

Plenty of Bottoms Reached in July….* IQST…IQSTEL UP 9 % Week…. * ALPP… Alpine 4 Holdings UP 17 % week.. and FFIE Dip Faraday Future….After Over 200 % Gain Month.

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@johnmerlino7011

January 30, 2024 at 9:26 am

In 2009, as Obama enter the White House, the Dow was 8750 and S&P 1000. Now, tell me again why we might be at a bottom? National Debts were much lower back then. So why do we think today's PEs justify such higher valuations? Go ahead, any reason at all you can think of?

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@MrSupernova111

January 30, 2024 at 9:26 am

How can someone speak for two minutes straight without saying anything useful??

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@swedesam

January 30, 2024 at 9:26 am

Those Tulips are still overbought and overpriced.

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@bandlekungawo6973

January 30, 2024 at 9:26 am

Even with the current dip in crypto currency's I'm glad I can smile 🙂back at my portfolio of $107,000built from my weekly trading I have received my sixth withdrawal which is every 14 business days per trade investing through expert Mr Arjun B Jagat

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@user-zy2jp6zj9r

January 30, 2024 at 9:26 am

Super Video !

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@coshi1894

January 30, 2024 at 9:26 am

In digital world. There is no bottom

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@TheDavidlloydjones

January 30, 2024 at 9:26 am

Contemplating bottom? I can tell you. You came to the right place. Thank you for asking. I'm your man.
It's zero.
If you're not leveraged, that is.
Next question, please. Yes, the young lady in the cellophane bikini…

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@marekkolenda6968

January 30, 2024 at 9:26 am

Watch 2,5% 10 years bonds interest rates in US

Reply
@marekkolenda6968

January 30, 2024 at 9:26 am

Shitecoin can drop 12,000$ or less sooner then later

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@JacobWilson777

January 30, 2024 at 9:26 am

This why nobody takes mainstream finance seriously anymore

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@JacobWilson777

January 30, 2024 at 9:26 am

In the middle of a recessecion leading into a depression you really want to call a bottom

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@bwfinest5753

January 30, 2024 at 9:26 am

❤️❤️❤️🇧🇼🇧🇼first viewer from Bots

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