Post
Topic
Board Bitcoin Discussion
Re: Reason for the dump in Bitcoin and most of the Altcoin?
by
dark1234
on 04/12/2021, 21:34:49 UTC
Things were getting better as we were expecting a pump in the value of bitcoin but it was dropped by over 10%. Is it just the usual December pulback or it is here to stay I mean a long bearish run? How are you preparing for a possible bull trap and now even if it was temoprary it might take some for the market due to fud.
Perhaps, were still getting better despite the current dumping situation.  10% price reduction is just small, in fact, we've been in more than 50% before but the price and the entire market actually is going to recover then. I then still thought it would possible to happen again and feel not to worry anymore as this will surely be done in a few days from now. I'm not thinking of a long-term bearish season like it happens 2018-2020 but I've rather expect short drops.
The bear market at this time may surprise some investors because in the past few months many have targeted that there will be ath at the end of the month like last year and now the market is experiencing a correction but this, probably won't be long and there will be changes following the new year 2022