Quote from: fzkto on October 09, 2022, 05:49:32 PM

Quote from: Falconer on October 09, 2022, 03:31:41 PM

I believe that every trader and investor should remain optimistic about the market now and in the future. Price correction can happen and vice versa better potential can also be achieved, that is the most likely thing to happen to bitcoin.

I finally have to say YES, bitcoin still has the potential to bottom out again for the rest of 2022. But before that, I have to assure you that $20K - $30K is also very likely to be expected. The current bear market will not last forever, market recovery is expected but of course we are always in two possibilities so speculations about the future of prices are being discussed all the time. I don't expect the price to drop to $15K for the rest of the year, but who knows.

Some people believe that a real bear market has not yet started and that we are now at the threshold of one. Many economies are experiencing bad times, but stock markets have not yet fallen as hard as they have in previous crises. Yes, I agree that a bear market cannot last forever, but I see more optimism in 2024 after another halving.

Are you sure you didn't mishear, bitcoin is down 70% and all altcoins are down 80% to 90% but we are not in a bear cycle yet. If what you say is true then those people really have an extremely optimistic and admirable spirit.
Maybe we haven't hit the bottom of bear season yet but it can be said that this year is really a bad year because we have had to go through a lot of bad events in the world. I hope everything goes by quickly and that 2024 is really what we look forward to the most.