Quote from: BUK2016 on March 29, 2019, 05:16:08 PM

Quote from: PurpleDog on March 24, 2019, 07:46:32 PM

Things seem to have stabilized for the time being but of course, a new drop is not out of the question. On the other hand, maybe the bad days are over and a new spring is about to begin.

What do you think?

The market is more stable in recent time no doubt about that fact, but the question of whether they may be further decline is not out of place since there is a tendency that the market might decline though not to the level of the past.

Yes, rock like stable above $4k levels which means no possibilities of going any below the price of $3600+. I have seen people that have predicted $2500, but I don't think that is going to happen. Price is not going to go below what it has been. Next thing now is bull run after this stable phase. And as for those that still don't want to buy till now, they are really going to be sorry for themselves for not investing their money while they had the chance to do so.

As per the current stable market conditions, we may assume that bearish mode has been done and the market is about to bounce back. The millionaire dollar question would be how long this sideways market may persist.