Hi everyone!
Just wondering what everyone's opinions are on what's needed for Bitcoin to recover and another bull run to occur? I'm very bullish in the long term but I personally don't see a recovery happening in the near future (although I might be wrong!).
There's so many ICO's and random crap projects popping up left right and centre. I really think this is sapping money from the market - money that could be going into large cap coins such as Bitcoin to drive the market forward.
Will institutional money come in? It's something I've seen thrown around but I feel most people don't even know what that means.
I think we're going to have to go to the depths of hell in order to get a super strong bounce to move forward ($5K mark........maybe $4K mark).
Hmmmmm anyways hope everyone's holding in there!! This bear market feels like its gone on a century already
I'm sure that there are lots of cryptocurrency investors that are ready to put their money and just waiting for the market of Bitcoin to become bullish, and it just need a momentum to recover. We have seen Bitcoin price to reach a $20000 price level but the thing is we don't know and no possible way to know when it will take off. So the best thing to do is buy at this level which is cheaper, and just hold and wait for the bull run. Just wondering what everyone's opinions are on what's needed for Bitcoin to recover and another bull run to occur? I'm very bullish in the long term but I personally don't see a recovery happening in the near future (although I might be wrong!).
There's so many ICO's and random crap projects popping up left right and centre. I really think this is sapping money from the market - money that could be going into large cap coins such as Bitcoin to drive the market forward.
Will institutional money come in? It's something I've seen thrown around but I feel most people don't even know what that means.
I think we're going to have to go to the depths of hell in order to get a super strong bounce to move forward ($5K mark........maybe $4K mark).
Hmmmmm anyways hope everyone's holding in there!! This bear market feels like its gone on a century already