Post
Topic
Board Trading Discussion
Re: Expecting a bullish market
by
atrocityx
on 20/03/2018, 01:04:28 UTC
Judging by the outcome of the g20 meeting are we expecting a bulish market now?

I still think we got a ways to go honestly.. I'd say the golden marketcap number is gonna need to surpass 550-600 million before the true bull market rally of alt coins can continue.. its a lot different now though because its easy to coast on bull runs when all moving averages and resistance are stuck below you and youre on cruise control fomo mode compared to all that overhead resistance bearing down on you and so many people ready to jump ship with any levels of profit due to bad decision making and bag holding.   I think it will take most of the year before any true rally starts again.. ICO bubbles are also hurting good projects because people are dumping more and more of their investments on things not even listed on exchanges yet and actively not participating/propping up solid proven projects in search for 1000X to make up for lost time. We all had our part to play in the extended ABCDE (FGHI.. lol) correction after such irresponsible spending (and abuse from whales) that its going to take a long time to recover.  Half new money took a loss and left the market to never return (and their ignorance will now become FUD experts to everyone they talk to) and the other half is bag holding alts and not participating at all.  Institutional money will be ready to step in when the bottom hits but with the abuse of whales/people hiding in USDT and record breaking shorts.. why would instiutional money stop the bleeding?  Anyways I hope this is a good first step, but I'm prepared to not take any profits up until next year if that is what this correction takes or demands.