Post
Topic
Board Altcoin Discussion
Re: Be careful buying alts right now
by
BobK71
on 01/10/2022, 18:11:05 UTC
It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.

I think bear market is not over yet it still continues. Market will be more dump and it is possible BTC hit $10k and ETH hit below $1k. I think it is market condition is good in 2023.
Everyone knows that the market is not good. However, it is not easy to say when the crypto community will see a change from this condition. Moreover, the US research says that the world recession will start in 2023. So overall, crypto markets are likely to remain bearish for a longer period of time.