Post
Topic
Board Speculation
Re: Will Bitcoin Reach its Bottom?
by
1Referee
on 30/05/2018, 12:36:57 UTC
Now we are all waiting that it will be running ahead: the bull run is coming soon.

If everyone keeps waiting then nothing will happen.  Cheesy

It's impossible to time bull runs, but I think it's pretty safe to say that the far majority of the (realistic) people here have zero faith in a soon to be initiated bull run. It's just not the time for it. Don't forget the fact that the bull run we experienced last year wasn't just a regular bull run. It might take a few years before we get to experience a similar bull run in terms of its multiplier. The next bull run won't likely be enough to break the $20,000 level, and people for once need to stop focusing on that.

Discard that $20,000 peak and start creating your own charts where if we happen to reach $10,000 in the coming weeks or months, it will be our all time high, and one that likely isn't based on empty speculation, and thus way more sustainable. I get it that it is difficult to swallow for people having bought near peak levels, but the situation is what it is, everyone should deal with it.