Post
Topic
Board Speculation
Re: Is bitcoin bear market over?
by
Vaskiy
on 01/09/2022, 23:40:14 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.
$10k is still on the way, because a lot of people want a low price,
and I'm sure there will be a short squeeze below the $10k price,
and that makes panic selling happen, so prepare a strategy if that happens
Just because lot of people want $10k to be reached, the market won't move in such a way. For now it hasn't got the resistance to move strong. This might keep the down market to continue. For now it have got the support at $19k, failing this might touch $17k. Further only we'll get to know whether the drop will go even lower or not. For now I expect it to reach between $12k and $15k.