Post
Topic
Board Altcoin Discussion
Re: The start of bull market?
by
wuvdoll
on 08/08/2018, 08:32:16 UTC
I'm thinking that this is another good news which however would not affect cryptocurrency movement so hardly that we will become seeing a bull-run. So many things are happening any yet we're at the same place.
It is still too early for the bulls to pick up and even if there would be a bull moment anytime soon, it would simply be a short one before we may end up seeing the final leg and may be some consolidation before the trend eventually gets to change in the long term direction. Bull market is still a bit far now and anyone trying to consider it any moment now will likely get disappointed. I believe in the future anyway and that is what counts.

I just checked in bittrex exchange and I am seeing most of major altcoins are bleeding along with bitcoin. Yesterday bitcoin was trading above $7000 levels but now it is trading below $6500 levels and altcoins are suffering regardless of bitcoin is trading up or down.