![16594773_screenshot20221216173048_pngdb3c06e0b7e1ca578f13a615630b449b.png](https://i.imgur.com/xyDmUBD.png)


So while I was scrolling through my phone,  I saw these screenshots of an old post where a whale is of the opinion that the $13,200  to $10,000 is the bottom of the bitcoin market and it seems he or she has pending orders at those prices..

Well the bitcoin is presently trading at a price which have not reached those levels  and some traders believe that the bottom on the bitcoin market is around $16,000 , but what if the bitcoin price have not reached the bottom yet and it can keep going lower and lower till it reaches the predicted bottom according to the screenshot above??

In other words  , no one is certain if the bitcoin market have reached the bottom and that is why we need to be very careful and we have to avoid over-confidence when trading on the market  , if we want to buy the bitcoin   , we should ensure that we make use of a risk management so that we can still safeguard our investment incase if the bitcoin price keeps going lower than we expected or lower than we placed order at.. 

I cannot personally state if the bottom for the bitcoin is here but I am of the opinion that the bearish market have not ended and so the bitcoin price can still go lower if it wants to..




Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@zigochi/bitcoin-might-still-go-lower)