Post
Topic
Board Speculation (Altcoins)
Re: Alt market today
by
carlfebz2
on 30/08/2022, 23:56:29 UTC
you look at the market today, this bitcoin dump of up to 21k is really surprising, it looks like bitcoin is very difficult to touch and get past 25k
Yes, the price of Bitcoin is indeed back down and it looks like the bear market is still going on for a long time,
but after all we never know for sure when the bear market will end,
the market is difficult to predict and keep abreast of developments

There is no end to the bear market, what we have seen in the last few days is just a rally to fool people into thinking the bear market is over and they will rush to buy . As a result, the sharks are taking profits at this time, causing the market to drop and creating more panic among ignorant investors as a result.
Whenever the market do show up some greens then it cant really be avoided that people would really be reactive to it and a bit emotional and believing that this might be the start of the bull market which we know

that whenever bitcoin do make out some green movement then it do really drag along the altcoins in the market even though some could go into the opposite side or trend but most of the time it would really be

going along.Choosing whether sticking with established altcoins or would be tending to find up some gems on lower rank coins in the market.It all matters with someones research and decisions.