Altcoins are not at the bottom yet, but if you don't start buying at this price, then you're truly foolish. Haggling a few percent and then missing the big wave.

#btc 291/1 : HAS ALTCOIN HIT THE BOTTOM YET?

In my personal opinion, not yet.

First, let's touch on the current situation; although BTC is recovering and fluctuating around 102k, altcoins have dropped by half, even a quarter, and are still continuing to search for the bottom.

Looking at BTC in the medium term, there’s something to note. The 97,500 area is crucial; everyone should pay attention to this zone. If a daily candle closes below this price, BTC's next target will likely drop to 92k, and we will wait for further reactions. Conversely, if BTC does not close below this area, it is very likely that there will be a liquidity sweep up to 111k - 112k (this is the highest price until the end of the adjustment).

Personally, I and others in the group are still holding a short position on BTC from 108,500 and have set a stop-loss entry.

As for altcoins, it’s bad, really bad. My first warning to exit was on December 5, and it has currently helped many people avoid getting stuck at the peak. Those who criticized me back then must feel quite relieved now :)). A little view on altcoins: the total 3 has very little new capital flow, so an uptrend at this moment is IMPOSSIBLE. BTC Dominance will have to test the peak, or worse, the new ATH, so everyone should not rush to catch the bottom of altcoins. Please try to wait until the end of February or until there is a reversal signal before buying.