Post
Topic
Board Speculation
Re: There will be more down - bearish on BTC
by
skarais
on 30/10/2022, 19:53:32 UTC
we had our BTC top 1 year back(69000$). So after one year we can not expect another ATH going to happen. Market need sometime for next momentum. Even other markets too.
Based on the facts, I think you are right. It takes time and great things to rehash ATH, but you just have to wait and enjoy this journey until the next ATH hits.

We had Bull market , Now we are at the end of the bearish momentum.
I haven't thought about the bearish ending at the moment, the big discount on the bitcoin price is still going on and you should probably know that the discount is still around 70% of ATH. Despite all the price volatility, you just need to set up a net to buy a lot on the dips but of course after you do some analysis. Long term goals should be your priority, but please don't take this minor bounce as a bearish end as correction can still be expected to knock down the $20K support.