Post
Topic
Board Bitcoin Discussion
Re: Is crypto winter setting in.. and how long will it last
by
Flyingjack123
on 25/06/2022, 19:04:20 UTC
It is not just the people you named who are basically saying altcoins are useless. We all know it and we all have been saying that altcoins are useless. They have no future and the "Greater-Fool theory" is describing the situation in altcoin market very well.

But none of it has anything to do with bitcoin and what it is or isn't going to do in the future.

How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
It depends on what market you are talking about.
Since you use the term "crypto" then I have to say what is happening in the altcoin market is not a correction it is a dump and it didn't start recently to stop, it started in 2018 and has been ongoing.

What we have in bitcoin is also not a correction, it is a crash and since it is not a logical market behavior it is not possible to predict when it will stop.
I belive BTC is coming back very soon. Be patient guys

I am feeling that with global markets crashing bitcoin will also show the similar trends but somewhere down the line the path of markets and bitcoin will diverge and bitcoin will show greater rebound.