Post
Topic
Board Altcoin Discussion
Re: No more long term bear market
by
FanEagle
on 20/11/2021, 15:15:04 UTC
The bull market will never be eternal and that is a big mistake at the level of market speculation and investment, the market always has its stages that are always fulfilled, such as the Accumulation and Distribution stages, the market will obviously have to go down to again take a new stage of accumulation, what happens is that the times are difficult to determine, it may happen that another stage of Re-Accumulation occurs, which is very normal in the market, but bear market for now although it is seen that it is something difficult if it can happen, all possibilities are there and can happen.
That is the part where people do not understand too well about the "correction" stage. Anytime the price goes down people think that it will be a big crash, and it doesn't have to be, it could drop this much and then recover but for some reason people assume that it is either a huge skyrocket to new ATH or a big crash to 50% fall.

There are days we have the middle as well, why do people think that it is impossible to have those middle versions? I believe what we are having right now is expected, we had a whole new ATH, reached nearly 70k dollars per bitcoin which is insane if you think about it, something that costed maybe 30-40 grand 2 years ago could mean you have 700k at one point, that's just insane. As expected that reeled back in a bit, now it is just shy of 600k, which is nothing too bad considering how little you spent so recently, just wait for it to get corrected by profit takers and it will go back up again.