Post
Topic
Board Altcoin Discussion
Re: When Bottom?
by
royalfestus
on 02/10/2022, 20:56:51 UTC
Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.

There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.
I knew the expected selloff from MTGox will not happen, selloff news are usually not announced any more. In the last bull market the dip of bitcoin does not indicate the dip of the altcoins market, altcoins are like to selloff more into another dip for bitcoin even as its price rises. And this might persist for while