Post
Topic
Board Speculation (Altcoins)
Re: Altcoins prices are bleeding heavily
by
Silberman
on 30/09/2019, 19:19:30 UTC
Altcoins prices are bleeding heavily, with some of the top-20 coins showing losses of more than 34% on the day.
The most popular altcoin Ether (ETH) has dropped over $50 in the last 24 hours to a price point of $156 per coin, recording a heavy loss of 24% on the day.
https://cointelegraph.com/news/tuesday-shows-bloodbath-for-altcoins-up-to-34-losses-on-top-20-coins

do you think this down market will continues and welcome back to the bears in crypto market again ?
or this is only the preparations if the market will growing really hard and the bulls will show up in the near time ?
All the market except for stable coins was going down during that day, now I do not believe that you can take such a huge crash and somehow try to interpret this as a hint that somehow the bulls will come back, there has been a small correction since the price crashed but you should not expect anything else, the bull market of 2019 seems to be over and I hope you took advantage of it otherwise you will have to wait a long time in order to see the next one.