Post
Topic
Board Speculation
Re: Bull or Bear season for crypto?
by
Heimer
on 30/09/2019, 21:31:44 UTC
The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

Definitely a bear market. the market is going down, people are cashing out and altcoins are down to hell. When the market is bullish you can see coins gaining 10%-20% per day. Everybody is buying crypto during bullish market because there's profit everywhere.
It's sad but true. We are going sideways hovering somewhere between $10k - $8k but if you zoom out BTC charts you can clearly see that overall BTC is going down. But I must say that you're totally wrong about bullish markets - 10% - 20% gains are unobtainable and are just unhealthy for organic growth