Bitcoin is now in the longest bear market (14 months) in crypto history. The bears hit very hard and almost all coins are down by more than 80 percent.
In the past years, Bitcoin gets many haters and they gonna always hate Bitcoin and crypto. Crypto haters saying that Bitcoin and all cryptocurrencies will go to zero. The list of Bitcoin haters is very long that involves famous personalities like Warren Buffett, Jamie Dimon, and many others. The mainstream media creates FUD many times for Bitcoin.
Bitcoin was called fraud by the Co-founder of JPMorgan bank, Jamie Dimon and now JPMorgan bank will come up with its own stablecoin JPM coin. Bitcoin is died many times according to the comments by Bitcoin haters. But it is still here and become the most valuable investment in 10 years grow to $3700 from $0.01.
Crypto traders and hodlers believe that Bitcoin is bottomed out and soon we will see a change in trend. Bitcoin technical analysis turning positive and signs of recovery.
Experts predicates that the next bull run will be the biggest one. Some predicates that Bitcoin will worth $100k-$300k in the next bull run that will start in 2020 and last long for 2022. Tim Draper predicates that Bitcoin will touch $250,000 by 2022.
Each time Bitcoin has crashed 70%+ the following cycle peak has been 5x-17x times higher than the previous. If that happens again then the next all-time high will be roughly $102,000 – $336,000.
Roll the dice & take the risk – Buy Bitcoin.