Post
Topic
Board Speculation
Re: Bitcoin price is still in a downward trend, will it last long or temporarily?
by
BITCOIN4X
on 18/12/2021, 01:11:47 UTC
As long as we are for long term hodling, i guess corrections will not bother us much as we never intend to sell at a lower value. So even if ATH comes a late off, we should still look forward for it.
Holders so far are still a minority in my opinion, while the majority will sell their bitcoin when prices are high. So I think the holders are those who are willing to ignore price volatility regardless of how big the correction will be. Long-term investors are usually less bothered by correction, but panicked traders can make some investors think twice about buying more or selling some.

However, i don't see chances that this correction will last for long as usually it does occur only temporarily. And its a good thing to remain optimistic no matter the situation is because in the long run, bitcoin and strong altcoins will always find their own ways to recover and reach their new ATH finally. Although it may be uncertain this time but i know it will eventually realized in time.
The fact is that the recent recovery has been slow which seem unusual during 2021. I agree about the potential, but the number of transaction seems to be starting to increase which is currently marked by an increase in transaction fees during the recent correction. So we can be a little worried about the continued correction during this month, but nothing is impossible about ATH. Optimistic to hold and strengthen your hands.