Post
Topic
Board Speculation (Altcoins)
Re: Will 2020 be bearish as well?
by
Silberman
on 12/01/2020, 18:02:35 UTC
And it's happening right now. No need to say a lot about the bearish market and we are still on the bullish trend. i hope that last year's bearish trend will be the bottom floor for the next bullish trend this year. No need to mention libra because it has a lot of uncertainties. it looks like that just to believe in bitcoin is much better for us. Bitcoin will bring crypto to the moon. Just believe it will happen soon.
Everyone believes that Bitcoin will bring Crypto to the moon, but I don't see that happening in this year, even though Halving will happen in this year. People believe that at the moment of Halving, they predict if after Halving the price of Bitcoin is still in the Bearish trend then there's no need to say anything, the Bearish trend will continue.
The bearish trend that we are seeing for altcoins is without a doubt going to continue because there is no reason for it to change, if bitcoin goes down then obviously altcoins are going to go down, but if bitcoin goes up then it means that many people are selling their altcoins in order to get bitcoin, and even if the price of altcoins goes up slightly its value is going down compared to bitcoin so I predict that 2020 is going to be a very difficult year for altcoins as well.