Post
Topic
Board Speculation (Altcoins)
Re: Will 2020 be bearish as well?
by
Wysi
on 29/12/2019, 18:29:13 UTC
I don't think 2020 will be bearish. Maybe at first the price action might appear to slowly decline. But then it goes into ranging and it will showing flat and low volatility movements but later on especially after the bitcoin halving, it will begin to climb.

I hope so as the uptrend has started but I would be convinced only if we break the barrier of $8000 again because the recent increase has hardly been a difference of a couple of hundred dollars which gets dumped later on. We need to focus on the market situation and should not be expecting too much as nothing is guaranteed over here. Don't be too quick to judge the market situation.