Bitcoin reached a low of under $3000 and then it started to surge rapidly. Bitcoin has already shot up to over $3600 and it is looking quite bullish. I wouldn’t be surprised if it went over $4000 in the next few hours.
Time to buy in? Its never a bad time to buy Bitcoin but it could be a great time to buy as it looks like we are starting to go into a bull market. The bear has went back into its cave and the bull is out to play.
Some were arguing that Bitcoins new bottom would be at $3000, but that is quite unlikely considering the past few hours.