RATE Group | Has Bitcoin Bottomed Out With its Last Dip at $6,200? Investors Optimistic
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Has Bitcoin Bottomed Out With its Last Dip at $6,200? Investors Optimistic

Has Bitcoin Bottomed Out With its Last Dip at $6,200? Investors Optimistic

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Since Bitcoin found a foothold in the $6,200-$6,800 range in early-August, crypto traders have been doing their best to discern where this unpredictable market will head next. But, with positive crypto-centric news becoming commonplace, there has been an unprecedented number of investors, commentators, and industry leaders that have foreseen a bottom in the tumultuous cryptocurrency market.

“Last Dip Ever”

AngeloBTC, a well-followed cryptocurrency commentator and analyst, recently broke his one-month-long Twitter hiatus to claim that Bitcoin was seeing its “last dip ever,” alluding to the well-read theory that crypto assets are finally starting to undergo a bottoming phase.

Although some claimed that his bullish call was fueled by hope, and nothing more, the fact that such a prominent trader made this prediction comforted thousands of his 124,000 Twitter followers. While Angelo, who was…

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