Post
Topic
Board Speculation
Re: Is bitcoin bear market over?
by
royalfestus
on 19/08/2022, 05:28:36 UTC
so many people that sold the bottom in the comments, so many that sold and thought btc will hit 10k. wonder what they going to do when btc hits new all-time highs, without reaching 10k.
now it is near 24,000, so it is the time to buy.
Bear market is not over and anything can happen,not all those making the predictions like the bottom but they know how to make use of it. Even at less than 10k price many will still not buy, so it is not about the bottom. History still give us till November/December to tell the bottom of the market but I put the bottom around April next year at almost a year to the halving. Bear market does not devoid relief pump that we are having and I also think the Ethereum merge is playing a part with the present price relief. Most importantly is the world economy and other new economic policies in the world that does not favour money flow into crypto.