Post
Topic
Board Speculation
Re: Between $24K and $27K
by
rodskee
on 11/05/2022, 05:11:50 UTC
Three things stuck in my mind this week:

1. It might take a few more months before BTC's price finally exits the bear market. That is if we have a similar situation to the 2018 bear market where fear and greed levels plateaued for a whole year.
There is no certain in this part ,because remember that we have reached BULL Market last year so maybe there will be a bear market this 2nd-3rd  quarter.

Quote
2. BTC's price free-fall will slow down between $24K and $27K unless more macroeconomic and geopolitical risks emerge.
We are still looking for that to happen , so hope that there will be no dumping that low this year.

Quote
3. Short-term holders are responsible for most of the capitulation (day trading and scalping don't fall in this category, right?).

But one thing has a high certainty---the bear market is temporary.

The bull is not a matter of if but when.
either Bear or Bull nothing is permanent and expect dumping to happen from here and there .