Quote from: iMark on October 07, 2019, 02:55:41 PM

Quote from: The Cryptologist on October 07, 2019, 04:10:20 AM

I think btc is now exhausted after it's great rally for almost about 4 months and we might need to wait for a year for it to happen again. Investors might back away for a bit because of the outcome of Bakkt launching and everyone has been joking about the amount of investments that has entered in its circulation. To be honest, I a much more worried about altseason because I am sure btc will be okay no matter what so I hope it should be altcoins that will pump.

I don't think bitcoin is exhausted, it's just there isn't a strong reason for the price of bitcoin to reach ATH. The rally stalled because many people started selling in very large and sustainable quantities. but I agree with you that there is nothing to worry about bitcoin, bitcoin will definitely find a rally again next year. Don't worry when the bitcoin rally starts again, altseason will definitely also start.

No it's not, it's just a matter of time before new waves of investors to join in and invest new money to flow around the market. Newcomers that will entrust their money to follow this industry can create good strong barrier to slowly achieved the rally that we are hoping to see. We can continue to buy little by little while the value still cheap, looking for long-term investment to earn more.