Ninjastic
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Board Speculation (Altcoins)
Re: Bull Run or Bull Trap
by
hahay
on 31/01/2020, 18:41:34 UTC
Quote from: bison on January 31, 2020, 04:29:02 PM
Quote from: lienfaye on January 31, 2020, 11:26:57 AM
Quote from: SMOKEU on January 31, 2020, 11:01:39 AM
the market now is starting to be on bullish run.. bitcoin surpasses 9,000usd.. let's wait for more uptrend
The market is really unpredictable, after experiencing an ups and down price for btc last year now it seems the movement of the price will be in uptrend. We dont know how long it will last but it might be an indication for the coming days to expect a much better price that can turn to bull run. Halving is not yet happening but the price of btc is showing growth already, its not right to assume but for now lets enjoy the current status of the market.
it looks like this situation will continue until the end of the year and even early next year. this is related to halving bitcoin and we will see how the market will grow well. but there will be a down graph in certain situations.
The decline will definitely occur because the increase that occurs will be accompanied by a decline, but when the market is in an uptrend then the decline that occurs is not included in a large decline or bearish market, but it is only a normal decline that the market usually corrects prices. So this year it can be assumed the market has gotten a more positive trend even though indeed, it is too fast to assume that but I believe this is the impact that will occur later on halving.