Post
Topic
Board Speculation (Altcoins)
Re: Bull run is over?
by
MWesterweele
on 25/02/2021, 17:29:58 UTC
It's still not quite right to say bearish because bitcoin is currently struggling at $ 50k and I think this is just a short correction and we'll see the movement after that, I just think that when bearish happens then the decline must continue, but it's still struggling.

I think that altcoin is still a bit corrected as well and how it will push forward depends on the significant movement of bitcoin, but we must know that this influence will not be long. I believe in what is happening now bitcoin will experience a bullrun after this.
That means it's not really bearish.

I bet that the price correction happened was not a basis to simplify the bull run is over. I bet that this might only a price correction and anytime soon may hit back to gain its past market value. As of now, since price correction takes place, it is the right time for an investor to invest in bitcoin if and only if they could afford to buy bitcoin at the amount of $ 45000 because for me, if i were going to ask, this price correction was too high to avail or invest in such kind of amount.