Post
Topic
Board Altcoin Discussion
Re: When will the current Bull run stop
by
tvplus006
on 23/11/2020, 19:14:36 UTC
I don't think it's just getting started, it could sell off anytime soon as the Chinese New Year in the European countries is approaching. As in previous years, when there were occasions to welcome the new year or Christmas, the Crypto Market was immersed in a sea of blood. So Bitcoin will only hover around $ 18k5 - $ 19k5 in the coming days, but at the end of the year there will be a strong correction. If the selling is too strong, it could send Bitcoin into downtrend again.

This time will be enough for us to see the growth of altcoins to their previous values. And the longer bitcoin remains in consolidation, the more likely it is that its dominance will decrease to 55%. But in any case, I still expect an increase in the price of bitcoin, which will exceed $ 20000.