Hi guys,
Maybe you have noticed that we are in a bear market.
I have first predicted that BTC will hit 5900 when BTC was at at 12000. That time we went to 6400 only. Then late April I have predicted once again that btc will hit 5900 by late June due to the market conditions. People has laughed at me. However when the price decreased constantly they have forgot to laugh. They have blamed me for that. A random guy from the net. Isn't it funny? Well they banned me from cryptocompare. Hope this forum will let me to predict the reality which is 5900 by late June. Even if you like it or not. Also from early August we can expect a good bull run which will last until Middle of December.
Regards Daniel
Yes we are in
bear market* but somehow it's not totally a 100% pure bear market because as you noticed, bitcoin bouncing back and rebounding somehow on the process. Not just bitcoin, but other altcoins as well. The price is in roller coaster and not on a continous dump. Others are taking advantage during the dips and we can seen it the way price moves recently and up to today. Some alts established a 5% to 10% increase and decrease at the same day at weekly monitoring.
If that is your prediction then so be it. And why the heck the price decreased will be blamed by you.
Anyways I don't mind this current market situation in terms of selling bitcoin because Im on a hodl as always. What my concern is taking advantage of the dips and the recent price can considered as good entry point. Goodluck to all.