Post
Topic
Board Speculation
Re: Tighten your seat belts and hodl the bulls are coming.
by
eaglewhite80
on 14/08/2018, 08:51:05 UTC
The current market is weak. Do you think it's still possible to come to the bulls? The bull market is hard to come by without a long-term decline, at least not in the current five months.
We cannot say actually, knowing how the situation of the market can quickly change over night. As it is, most of the alts are down, bitcoin is still trying to hold the $6k psychological support strong and a drop below $5700 can cause a pretty quick and sharp sell off in the market. I really do not see much chances for the bulls at this stage yet until further notice, not at least when btc is back to the downtrend over again.