Quote from: blackened515 on Today at 08:07:06 PM

Quote from: insiderpro on May 23, 2021, 07:08:28 PM

Second week is about to end on 27th, we are almost done with the weak hands. Now it's time to bounce back to above 50k. Obviously not in a day or two, it will take at least two weeks more. Cheers !!

Properly it is the for the weak hands to raise the price of bitcoin now, the wealthiest ones are out of funds, the Elon community is out of the game, what's exactly will make it overflow this time, this will really take a lot of time to recover from this dip, the market need a strong hands to uplift it to where it was before, bitcoin will record another dump season within this period.

I guess that's the way it is. Where did so much with the bullish season, I think it is time for the market to relax and give some chance for early sellers to reinvest. But I don't think that we have to suffer the hard dip just like what we experience last 2018-2019 bearish season. Coz what I foresee is that the market demand will still be high leaving the price ain't that very low compared in the past. In fact, if we can take a look at the market chart, we can never see that the price decline continues to move down, still in a fluctuation style. So I assume that this bearish period might be just for short while.