Post
Topic
Board Altcoin Discussion
Re: There is fear in the market, isn't it time to buy?
by
pauloaragaomelo
on 29/01/2022, 17:03:27 UTC
I hope that the bottom of the fall of the cryptocurrency has already passed. In recent days, prices in the market have begun to slowly rise. Until recently, the price of bitcoin was at the level of $33,000, and now it has risen to $37,435. Prices are now predominantly in green. Of course, there is no guarantee that the market will not fall again, but there are also hopes for its recovery in the near future.
Of course, now is still the time to buy a potential cryptocurrency, but it is better to do it in parts, since it is still difficult to predict further price movements in this market.
The current recovery is still very low compared to a few weeks ago after the market stagnated at $42k, the market is battling for a recovery but the market hasn't been able to break through the $40k yet as the pressure has hit back at the lows, I also expect no pressure to hit $33k lower in a bear market.