$JOTCHUA
Fading QuicklySnapshot Window: 2026-07-06 13:50 UTC · ← Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
Nico shares his thoughts on when the market will reach a bottom. "I don't think it's necessarily a specific event that creates the bottom as much as just total capitulation. I've felt for a long time that Bitcoin was going to drop somewhere between $40K and $50K. That doesn't [Spoken audio]: What do you think creates the bottom? What do I think creates the bottom? I don't know if it's necessarily a specific event as much as it is just a general kind of like just total like capitulation time. I've been feeling like for quite a long time that Bitcoin was gonna go down towards somewhere between like 40 and 50k. I don't I don't think that's unreasonable or unlikely at this rate. Like I've long felt like we're gonna have another solid leg down and I think that if you look as a kind of just pattern on like every other breakdown range, breakdown range that we've had, this doesn't exactly look like a region of strength that is gonna form a solid bottom. Like most likely we're gonna, the fact that we've basically like, You know, went down to 60K to begin with, bounced to 67 and like now we've just like come all the way back down to me just indicates we're going to break down further again. Like I feel like shorting here is honestly not that bad RR in the grand scheme of things.
