Post
Topic
Board Speculation (Altcoins)
Re: Have we opened the bear season?
by
magneto
on 06/01/2022, 07:27:50 UTC
Yes, good luck, I do not hesitate to say that we have definitely passed the bear period. As of now and for 20 days, everything is red!! Do you think this may have happened?

I personally think so.

I know that a lot of people are calling this a bear trap, but I think that we've breached through a lot of support levels and BTC is dumping hard below 2/3rds of its ATH, which is definitely a bearish indicator.

Might be a good time to take your stables and start DCAing back into cryptos though, perfect time to accumulate your bags.