Post
Topic
Board Speculation (Altcoins)
Re: Will cryptos go into Bull season?
by
ymckartal
on 17/01/2022, 19:31:18 UTC
Bitcoin is still struggling to rise above the $45k price, meaning the market is still in a bearish trend. But I believe the bearish trend will not last long, because the Bitcoin price will recover soon. Moreover, the demand for Bitcoin continues to increase. Many people are starting to understand that the bearish trend is the right time to buy crypto, if more and more people start investing in crypto. This will make crypto prices start rising again, so we don't have to worry about the current bearish trend, I prefer to buy some coins that I consider potential than I have to store them in USDT. Because I believe the price of Bitcoin will not drop below $40k, so the price of Bitcoin and some altcoins is now at a low price. So don't waste the opportunity to buy crypto at low prices.
I wouldn't call it a struggle. I mean it was under 40k just a tiny bit for a very brief period, but something that was around 40k ended up going above and both daily and weekly looks green right now. That is a good start and that doesn't mean we are having a trouble. Obviously we are not above 45k right now so that is why you are thinking like that but just because we are not 45k+ doesn't mean that we are struggling.

We just haven't tried it long enough yet, we were dropping and that s what we were busy with, we just barely stopped dropping and recovered a bit. I am sure that it will do a lot better in the long run and will break over 45k and even 70k+ eventually.

Frankly, I hope that the bear season has entered. There was a lot of movement in BNB and ETH for 1 week, but this week started with a decline. But I believe that these declines are recovery movements. When BTC reaches the level of 50 thousand dollars, BNB and ETH will increase very seriously.