Post
Topic
Board Speculation (Altcoins)
Re: I think the bear market is over for some coins
by
omonuyak
on 10/07/2019, 07:07:26 UTC
With thousands of coins, well then it may happen especially to those who seems doesn't not so popular. Hopefully, bear market will continue until the end of the year so that we can at least gained some of our losses.
It is not the bear season with like to see in the future but bull run. We are already in the green color and expecting to continue until the year end.
But to think of its absolute percentage of inclines is something cannot be told. Let this thing at its flows and looking forward to hit another $20k or more.
Perhaps this furnace is breathing only for Bitcoin.  Of course, you can observe green color in relation to some cryptocurrencies, But basically, I think the market is in a bearish trend.
If you view BTC/altcoins chart you will find out that almost all of them are in a bearish trend and the majority of them are in oversold base on some momentum indicators. Altcoins are not in bullish trend now if we do an average of all the altcoins. Bitcoin is having the best days and I hope this best days last long until the end of the year.