Quote from: Ayers on August 07, 2022, 11:18:33 PM

Quote from: BitcoinPanther on August 07, 2022, 10:32:28 PM

Quote from: Minecache on August 07, 2022, 09:48:51 AM

Given the current economic situation, it is highly unlikely for the market to fully recover,

Due to the current economic condition, we still feel the effect of the pandemic, lots of people still don't have jobs, price of commodities is ever increasing, and though there are some recoveries it isn't enough for many of us. People will take priority on bringing food to the table than investing. Though, the current relief rally of Bitcoin shows that the trust is there, it is that there aren't enough inflows of money to push the price up. I think we will be seeing lots of sideways from now.

many places that have not yet recovered from the pandemic , they continue to suffer from new difficulties, escalating prices and an energy crisis caused by war

at least they are seeing bright future now from the heavy days of 2020-2022 , this part of the year we can see them longing to find thing to make them profiting and gaining from the hatred of yesterday.

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i see people struggling with daily work to overcome difficulties let alone have idle money to invest, today investment is not their concern, they need to take care of their daily meals first,
regarding bitcoin, i also think we will have a sideways trend rather than a bull season later this year

if you know how this market goes then you should understand that this is the time to deposit and invest if you dont wanna end losing more in the future.