Post
Topic
Board Speculation
Re: Institutional buyers are not backing down. More Pump?
by
hd49728
on 19/04/2021, 03:36:50 UTC
Do you think this isn't the bear yet that you are talking about? Bitcoin's price has already fallen from almost $65,000 to around $53,000. That is more than $10,000 lost. Does that not look a bear to you? Or is it exactly the bear that you are talking about?
It is correction. Bear market has yet to come but I see a few months of correction and accumulation. They are for new all time high at the end of this year. It is my neutral opinion, not optimistic not pessimistic.

Quote
Don't hate to say a bear is coming. Crypto, just as others, is always a bear and bull story. It is not bad for the bears to come pay a visit. That is a signal for us all to start buying cheap. Bears are always welcome. You just have to appreciate their presence and do the most appropriate thing to do.
Corrections are good to buy the dips and get money from bounces. If one person buy a dip, does not take profit with bounce and price falls deeper, it is not the end. After corrections, price will have new al time highs. Buy and take profit with bounces. If you miss bounces, hodl for new all time highs.