Post
Topic
Board Speculation (Altcoins)
Re: When do you see the true bear market coming?
by
goaldigger
on 01/10/2021, 12:48:07 UTC
Like the title says, when do you see the true bear market that we saw that happened in 2018 with every alt crashing insane amount?

If bitcoin crashes for about a week or so and then most altcoins are following the downtrend, without any signs of any upwards movement nor indicators doesn't show us that price will rise soon, I considered that as the bear market is now in effect.
I appreciate your advice, bro. That's what I'm thinking too. Why we do need a pure downturn? These days it's just a routine to experience the ups and downs. When the market correction started, I considered that a bear market and filled up my bags. I guess everybody is filling up their bags with good and respectable cryptos at the same manner because it's going to pump like crazy by the end of November. 
As I can see on the market right now, the price of Bitcoin slowly going crazy after hitting the price of $47k, so I don't see any true bear market yet because Bitcoin is recovering and this is a good sign to have a better price in the future. We can only see real bull market if Bitcoin hit below $35k again, but for now let's see what's the peak for this current trend and hopefully Bitcoin can able to break the level of $50k again.