Post
Topic
Board Speculation
Re: Market still stagnant!
by
timerland
on 12/10/2018, 23:58:51 UTC
All investors nowadays are still waiting for the market recovery  and since the BER months started. which is still hoping to become profitable again , but unfortunately the market is so stagnant and didn't shows a sign for a progress until now which is unlike before  year 2017 , during ber moths market growth rate gradually increasing.

*What your new predictions guys on this circumstances?
*Are you still assuming as well the market will bullish before year end?

Edit :  'cause in my opinion probably it will stay stagant until this year end base of this results nowadays  . Correct me please.  

Markets are still consolidating at the moment.

I doubt that a bull market will emerge by the end of the year at this stage because there are simply no signs of a trend reversal, and the last bear market did take around one and a half years before it actually bottomed.

2017 is something special because it was the biggest bull market we've seen in BTC, and there was a lot of FOMO which accounted for the growth. That simply can't be compared to this year where a huge correction started the year and the sentiment continues to be bearish.

Expect the market to be stagnant for at least a few more months, potentially with dips along the way until we test the $6k support or find a new bottom. But bull market right now seems extremely unlikely.