Quote from: Gayong88 on October 27, 2022, 10:59:55 AM

Quote from: Oshosondy on September 28, 2022, 06:56:43 AM

The best time to buy bitcoin is now. Traders should prefer to go long or buy instead of going short, but going short is also good if the signal really suggest bear market. But all I am thinking that would happen next month is that bitcoin would increased, get to $20000 and increase above it.

No one knows how long a bear market will last and prices change rapidly so there is still time to make a profit if you are willing to hold on.

Well if we have to based in on past history of bitcoin, the bear market this cycle might continue prior to the halving, so that is 2024.

Quote from: Gayong88 on October 27, 2022, 10:59:55 AM

The main trend will remain bullish, but the market needs some corrections so that everyone can collect more bitcoins. Bitcoin price could go higher and maybe next week around $21500.

Of course, in a bear market not only a correction, but a huge one around -70% or higher. So right now we are just about that range. We wanted to see the price go at least above $20,000 at the end of the month. So far the price seems to be hovering around that range, $20k-$20,200.