Quote from: uelque on Today at 10:30:03 AM

Quote from: S3300 on May 01, 2022, 06:33:54 AM

It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.

Don't just simply believe on youtubers or influencers about their opinion in the market. Yes it is possible that they might be right but they might be wrong as well. I've seen a lot of youtubers preditions before and most of them turns out to be wrong tho. No one can be right at everything, and we should always remember that. And about my opinion regarding the possible 2018 scenario again, I don't think it will happen again. Yes the market is still bleeding right now but I really don't think a huge dump will soon happen again just like 2108. Though there is a possibility, let's just hope it won't happen again.

I don't believe with several Youtube influencer when predicting about bitcoin price drop under $30,000 because they try will getting follower only without have accurate predicting. I think bitcoin price up and drop depending with how situation on world economic and bad issues will bitcoin later any bad news or not. I think have bad news right now why bitcoin back drop and price drastically dump but without any support or good news will continue for bitcoin back drop again or back higher price.