Post
Topic
Board Altcoin Discussion
Re: The long term way is down
by
adzino
on 24/02/2022, 03:36:38 UTC
I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?
You are wrong. On the long run you think the price goes down? Have you looked at the charts? Zoom out and you will see that the price in the long run has always gone up. What you are looking at right now is the short term price of bitcoin. The price has already gone up a lot and we can't expect the price to keep on going up every day. This is how the market works. We have bullish market and then we have a bearish market. But after every bullish and bearish market, we always reach a support point. So the price won't keep on going down. It will reach a point where it won't go any further below. Will stay there for a while and then the bullish trend will start all over again.