Post
Topic
Board Bitcoin Discussion
Re: Are we gradually approaching towards the end of Bitcoin?
by
suzanne5223
on 19/07/2022, 10:43:04 UTC
I keep asking myself this question. Is it that some people never understand the 4years cycle of the crypto market or they don't want accept the fact about it because every season of the crypto market is bearish what we always see is some people asking diverse questions about the market coming to end and for the record every market has its own winter season.
I believe we should alright know this because there's always time to sow and time to reap and the winter season is the time to sow in the crypto market instead of people complaining about the market price or coming to end accumulate as much as you can.

With the continuous downslide of the Bitcoin and the crypto market at large, is it too soon to say that we might likely be witnessing the end of it all?

Yes, it is too soon to say.  This isn't the first time Bitcoin had a huge crash.  Every 4 years Bitcoin is experiencing this bear market and it often drops to 20% of its current ATH.   If you zoom out the Bitcoin Market chart, you will see that the market is very far from being over and still in a positive trend in reference to its beginning.
Apparently, bitcoin is currently experiencing a price surge so believing that bitcoin will come to its end is always a fake news. [snip]


Having said that, the current surge in the price of the market is the normal slight surge the market always experiences during a bearish market but that doesn't mean the bear is over and it a sign that we can see another bottom price.