>**Here we go again: Some people are predicting that Bitcoin has bottomed out while some people are predicting Bitcoin will hit 10k by this week, where do you stand?**


First of all, we are in a Bear market is part of the crypto market cycle, the same way the bull market is part of the crypto market cycle, the truth is neither of them will last forever. Yes, this bear market has been long and sometimes brutal due to particular news events or events like people reacting to interest and inflation rate hikes and also the LUNA/UST saga and recently the FTX saga. Which has made the entire crypto market drop in value due to the company FTX and their native token FTT collapsing.
 
![image.png](https://files.peakd.com/file/peakd-hive/onwugbenuvictor/Ep5oEBibtL8pZjM2XqV1e3axDWRpEHnx9nvDqC76yyHZy2o4rhjruqbgw7XNE9E4Hkm.png)
[Source](https://cryptonews.com/news/bitcoin-drops-below-usd-10k-erases-24-hour-gains-in-minutes-6716.htm)

At the moment a lot of great assets are at their all-time lows, ***Not Financial Advise*** but if you have any amount of money you are not using anytime soon you can buy more coins now at their all-time low which will bring good returns and rewards come bull run. But buying small amounts as you can afford is a smart move and as usual, everyone will always have their own prediction and where they expect the price of Bitcoin to go.

# What are the signs of a Bitcoin and crypto market bottom?

A lot of people think the crypto market bottoms out when the majority of traders start believing that Bitcoin will never go to zero and start pumping in more money into the crypto market that which will make the price of Bitcoin appreciate. Also to some people the end of a bear market arrives when selling is finally exhausted. And buying more positions for long-term position holders who are left on board, and with dip buyers becoming the majority of the new holders that got in at much lower prices which I agree with, and in my opinion, this is the formation of a new bottom that holds.



At the moment the overall Bitcoin chart is bullish to me and so many others despite the current price of Bitcoin and the crypto market and that will not change. But Bitcoin can have some disappointing short-term movements that not everyone likes but that is normal for a highly volatile asset and a successful one at that. Bitcoin is unlikely to hit $10K without a huge negative catalyst like another big crypto exchange like Binance collapsing.


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