Post
Topic
Board Speculation
Re: What is your opinion on recent bull market, will it be over soon?
by
Baofeng
on 18/10/2021, 21:31:44 UTC
The market is like a mountain of ups and downs, so when it goes up and when it goes down, you have to see the information that is developing at this time. a lot of positive information is happening right now so the bitcoin market often bullruns this week. a lot of information is circulating that bitcoin will again penetrate the price of $65k percoin in the next week.
Exactly, there’s no straight ladder going up, we really have to take many obstacle before reaching the peak that’s why expect a more volatile market. There’s a lot of good speculation, so I’m also positive about the price of Bitcoin and its really possible to make a new ATH this money because the bull trend is not over yet.

If you have been in the market for at least four years, or witness the last great bull run in 2017 and it's coming apart in 2018, definitely you can say there is no straight ladder going up. There is no market in the world that can go parabolic, most of the time we are going to see bearish trend that will last for years. And on the flip side, there will also be a bullish cycle that everyone would be happy. And if you have witnessed 2017, then you will know what to do next in the current bull run.

So I will be in the majority that the bull run is not over yet, we might see $80k next month and then the expected $100k at the end of the year.