Post
Topic
Board Altcoin Discussion
Re: Now the Market Down Approx 10 percent
by
Mr.Smithers
on 02/02/2018, 07:26:19 UTC
Around 6 months we will recover if there is no big bad news.
My prediction is for happy market conditions. but for sure we will face some bad news and this will take longer to recover.

Yes my thinking would be months too, maybe 6, maybe even more. I always tell people to compare the situation now with what we had a few years ago. Bitcoin topped 1200 or whatever, then declined very slowly, 100 dollars at a time, it was a very long and frustrating time and it took months to recover, but the recovery was spectacular - it reached ten times higher levels.

The same will happen now to both bitcoin and altcoins, I think, only the levels are higher now.