Quote from: crzy on March 24, 2021, 09:46:51 PM

Quote from: paramind22 on March 24, 2021, 08:59:26 PM

If it was like the last one, it seemed to have about 6 or 7 cycles bull correction bull etc.

We are slowly getting to the bear trend as Bitcoin price failed to go beyond the resistance, and we already tested the resistance twice already as far as I know, now we are down again. Bear is coming, and bull is not that strong anymore so expect a more volatile ride. Let’s just see if altcoins will enter into a strong bull run while Bitcoin is on a down trend again.

It is still not definitive the bull run is over, bitcoin has the tendency to not move for longs periods of time but as long as it is close to the resistance level then it has the possibility to go above it at any time, however during the last weeks altcoins have been outperforming bitcoin and that is a clear sign that the market could experiment an important correction as the growth in bitcoin is always based on good fundamentals while the growth in altcoins is mostly based just on speculation.