Post
Topic
Board Speculation
Re: Bitcoin price is in a downtrend, will it last long or temporary?
by
add1ct3dd
on 11/10/2021, 21:58:31 UTC
i guess everyday is an evaluation for bitcoin since no one of us can really make a right prediction. But if we trace the history from the past years, the last quarter of the year is really a good time to look forward to since bull run is mostly witnessed in this time. The market may continue to change but there are high chances that it will be more on positive news and trends and that will definitely boost more the momentum of bitcoin so it can start working on its new ATH.
Usually most improvements and price changes happens when there is a "news". It could be crypto related, it could be non-crypto related but could matter to us, anything that is really a crypto changing thing then it does happen to change the price. We are too used to seeing china banned bitcoin type of news and we forgot that most of the ups had a good reason as well. This is why there is a good amount of people that check the news and trade based on that.

If there are also developments, that helps too, like SOL becoming big because of the development they did, same for ADA, or Axie becoming big because it literally gives people time to play and earn money, you literally play a game and earn money how awesome that could be? All of these equals to crypto markets changing and sometimes it changes to a point where it is not as great or sometimes it moves to a great level like right now.