Post
Topic
Board Altcoin Discussion
Re: Current market conditions
by
TimeTeller
on 25/12/2020, 23:12:44 UTC
Personally I am surprised with the market turnaround today as against the usual trend. Generally this month has been good for cryptocurrency and this is a pointer to next year being a more profitable year with a mix of declination. As it is now, would you suggest that we will end the year in green or we have more pull backs.?
Share your opinions.

There's no telling how this year would end for crypto. I have to admit that I'm quite surprised to still see green candles towards the end of the year because I was expecting some pullbacks. Well, from historical data, Crypto markets usually take a dive towards the beginning of the year, between january down to April. So I would be on the lookout for a possible pullback. Judging from the current bullish momentum, I think we would have some more green candles before people consider taking profits.

We can just speculate on what may happen in the market but we can't really tell what exactly will happen in the next coming days.
As a btc holder, you should always keep yourself up-to-date with the market and be alert for what may cause the movement in the market.
You should have your plans ready, in any scenario in the market. That way, you will get your profits as much as you can if not the optimum one.