Post
Topic
Board Trading Discussion
Re: I am Bullish On Bitcoin Despite Bear market
by
taufik123
on 08/01/2023, 15:38:12 UTC

It should be noted that those who are optimistic and believe that we have started an upward movement in the market - 50%. The other half of traders believe that we have not yet seen the minimum price and expects that they will have the opportunity to buy bitcoin for 8-10 thousand dollars.
We all also don't know when the price of Bitcoin will drop to that extent,
so it's better to take advantage of the opportunities that exist to buy but it all also depends on each other's decisions,
it will be too long maybe if waiting for the minimum price
Take advantage of the -70% downside when this is already a good opportunity. If you still hope for another decrease in the price of 8k-10k, that is each person's choice. But a price that low is still too far for now, unless the market is really not doing well and lots of FUD require bitcoin to collapse again.

Just hoping that 2023 will be a year of recovery for bitcoin and altcoins. 2022 was already full of unexpected dips and some FUD news that sent the crypto price crashing even further. are we ready for the next decline this year, or will we continue the rally until the 4th cycle will occur?

let's wait what surprises will happen in the crypto market.