Quote from: Botnake on December 06, 2021, 08:07:41 AM

Quote from: livingfree on December 05, 2021, 02:15:45 PM

Quote from: Wysi on December 03, 2021, 10:37:52 PM

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.

Not only during December but take it as a normal pullback for the whole market. There's no certain season that it chooses.

You just can't expect to be moving up unstoppable but it has to go through this dip because it's a way of balancing the market. If there's no correction, it would be more fearful to look at it as is.

It's just a pullback so don't think of it as a bearish run. We're yet to see the actual sign of it.

Right. Just think of it as a normal scenario that do appears after a bullish season and since the people will be spending for this holidays, crypto prices will definitely be more dumping. Aside from that, this new covid variant is affecting the whole market industry, same with what we had with those previous issues of covid. But i know all these things will be temporary and bitcoin and the rest of promising coins will certainly move upwards once the market returns to normal. We are not yet bearish, neither bullish this time.

Yeah.

That's another thing for sure, the expenditures that we're having every season is also affecting the market. Like the new years, holidays and other sort of seasons for which people are spending a lot.

If bitcoin goes stable to $50k for a week or two, then this would be turning again another speculation if it will go another low.