Post
Topic
Board Trading Discussion
Re: Is the market going to dump like that 2018?
by
fullhdpixel
on 18/12/2021, 19:22:22 UTC
I guess this time we may not going to have the beginning of bearish trend from the first quarter of 2022. Because, probably we are going to have continuation of bullish trend into the first two quarters of 2022. So, I feel it will be too early to worry about the downfall market of the current cycle of bitcoins; we will have more time to book profits and then plan up about bearish trend.
For long term holding, the trend change will not be a big concern still I like to suggest you to go for booking profits around the upcoming ATH and then you may go for buying back bitcoins when it will be falling down up to 70%; this way you will get chances to multiply your bitcoin holding into some fold. This is just a suggestion from what we have seen in the previous cycles of bitcoin market but there will be no guarantee that bitcoin market will be repeating the same kind of ups and downs one more time.

But, there will be very no chances for having continuous bull run hence there will be big possibilities for having another round of bearish trend which might be taking down up to 70% fall from ATH. But, this time it may happen by the mid of 2022.