Post
Topic
Board Altcoin Discussion
Re: Crypto history making year 2020 started it's journey !
by
gabbie2010
on 18/01/2020, 17:42:37 UTC
Hopefully, Bitcoin will make new history in 2020. I believe that this brand new year 2020 will offer us a lot more opportunity. 2019 was best time for investors. They hold their coins for this year and i think everyone will succeed.
Right now bitcoin is going through an important growth, to me it is still not clear if this is the beginning of a new bull market but we are getting close to it and we are going to have to watch the price very closely because there is a possibility that it begins to go up very aggressively but at the same time there is the possibility that it begins to go down just as aggressively as well, so we are witnessing very interesting times in the price of bitcoin.
I would like to believe in the first option (of great growth), but it seems to me that with a greater probability there will be a small collapse. Maybe even this month
Obviously that is what I want as well, we all want that the market of cryptocurrencies begins to recover and that it does in a significant way after the bear market that we have been enduring for the last months, but I'm worried because I see that the market is still making new highs but it is doing so with lower volume and that is a clear indication that the bulls are getting exhausted and that the current prices cannot really be sustained for a long time.
My expectations this year is to have a bullish market after eduring a bearish market for a long period of time the volume of market would increase with time, I always remembered 2017 with nostalgia when every aspect of cryptocurrencies was booming, ICOs, airdrops etc were all profitable I hope this year would be replica of those greenish days.