Post
Topic
Board Speculation
Re: How long will the bear market last?
by
davinchi
on 26/07/2018, 09:55:32 UTC
Hello community. The market is in a bearish trend for several months. One says that "sharks" create panic with the help of news, forcing small holders of bitcoins to sell themselves to buy cheap, others say that at the end of 2018 bitcoin will soar like a rocket. Many people write and speak on this topic. How do you think how long the bear market will last? Share your opinions.
Maybe we’ve got extra months before this year ends. The price is not showing any sign of leaving the $6000 range, always going up and down and when it gets to the rate of $6500 or so, it will drop back.

Just like yesterday it was at the rate of $6300 but I woke up this morning and it has already gotten down to the rate of $6200. It has been doing the same through this last month and this month. Don’t know how it’s going to be, but I’m thinking before December there will be a change.
It is not possible to say how long it will take because the future is hidden and nobody can say anything about the future. Time will show use how much time it will take, but I am very optimistic about the future. This bearish situation of the market will come to an end in the near future and good days will start. Don’t be panic about the current situation.
To me I think that the bear market is already over. Because now we can see that bitcoin price has taken a step and hopefully that now it will continue increasing for a long time. I think that now the bearish trend has started and therefore the bitcoin price is expected to increase too much in near future.
You are right about the and the positive indicators of Bitcoin but we still need to be careful about making move to either trade of sell coins. The bearish market is just in the last stage and we are in the process of recovery and still need to wait a bit more.

A rise from $5800 to $8300 is a big jump in twenty days and we might get the pace of grown much accelerated in months to come. Once Bitcoin cross the $10000 value, it will be a matter of days for Bitcoin to rise and shine.