Quote from: Iranus on Today at 11:00:56 AM

Quote from: Reatim on September 29, 2022, 02:01:37 AM

Quote from: poorman1 on September 26, 2022, 07:35:39 PM

For some months, cryptocurrency is in a down falling trend which is the main cause.

you should understand that even the world economy is down falling so why would cryptocurrency go ahead of those?
there are so much pain happening in the world these days and I believe that this is same reason why crypto is also in downtrend.
but no matter how down the market ? expect the increase in the coming months or years so keep Holding and just keep your eyes close for now.

I think the main reason is still we are in a bear market, bitcoin's 4 year cycle, not the main cause is war or economic crisis, bitcoin has dropped in price before the war. In addition to facing a bear cycle, we are also facing a crisis situation now, it must be said that everything now depends a lot on the state of the world economy, if things get better, it could also pull the market up.

My question is, when the bear cycle is over we will have a bull run in 2025 after the halving event but until then the world situation is not stable will we have a bull run price or will it follow the mood of the world?

As a result of the global economic collapse, BTC price correlates with the condition around the world. Ups and downs are inevitable, so here we are. In recent months, I have sold a large portion of my alternative currency holdings and now only hold Bitcoin. It is a surprise to me that BTC is trading at this low, but looking at how the world economy is doing I think this may be Bitcoin's time for true life-changing adoption.

It is uncertain when the bear cycle will end, but when it does, we will see a bull run for Bitcoin. It will take several years to see an effect, obviously not immediately.