Post
Topic
Board Speculation (Altcoins)
Re: Is this just a bounce?
by
Cnut237
on 21/01/2019, 12:35:43 UTC
I see a very good increase in the last 2 weeks, but the slight increase was immediately ended by falling back. some say this is just a lure to attract buyers and then the market falls again.

What is your opinion?

We've had a few bounces upwards, but they are small relative to the overall trend. The market has been moving downwards for a year now, but it will always be a zigzag rather than a smooth descent.
I would say we'd need around 100% rises on current prices before we could start to consider the end of the bear. Anything less is just a temporary bounce.