Post
Topic
Board Altcoin Discussion
Re: My plans for the next bear market
by
LUCKMCFLY
on 25/11/2021, 00:17:18 UTC
Well I stated december, but it's rather when (or before) BTC push to 100K$. Many will sell before that, so that mean I must be prepared to a lower level than that. I think if history repeat, december may be the best time to pull the trigger.

December is always the most controversial month for crypto, most people are waiting for this month because they think that BTC and all cryptocurrencies can go up to new levels, however it is very possible that it will happen, but when you see how the price is currently it is + $ 60k I think that there must be a quite natural correction, and it has not been presented yet, it is possible that at any moment it will arrive, but very few people are waiting for this retracement, most of them expect more rise in the price of BTC and generally the market always does the opposite of what the masses think.


like you said. If you look at this now, there should be a correction that really needs to happen for the next spike.
but i haven't seen it happen normally and by december there's actually still a few weeks to go.
and we can only hope for the best and see how things turn out in the months ahead.
whether everyone's speculation will be true this month or just wishful thinking.

Days ago there was a correction, it was not strong, I still do not know what could have been the reason, but BTC reached $ 55k and that produced a huge drop in all altcoins, something that is very normal, whenever BTC falls in price all altcoins fall with great force, however, many are waiting for BTC to reach $ 100k, some forecast $ 150k, what I do not like about all this is that the market always does the opposite process to what the mass thinks If you are expecting a bullish move towards $ 100k, the opposite could happen and have a monumental drop, however for now the best thing to do is put everything in Hodl mode.