Post
Topic
Board Altcoin Discussion
Re: New bull market or new bear market ahead?
by
Wexnident
on 23/08/2023, 13:22:34 UTC
Right now, it is looking very bearish for our coins because recently, we had a big loss. Bitcoin and Ethereum almost dropped 10%.
But Bitcoin and Ethereum are still up from previous gains.
It is very difficult if we will have new bull market or new bear market ahead.

What is your personal expectation?
SpaceX dumped Bitcoin recently so the drop isn't anything unexpected, I reckon we'd have stabilized at the 25, 26k range right now and would once again go on sideways for a few weeks before another move (hopefully up back again). On the bullrun, I'm expecting it to happen a year to a year and a half from now, so still pretty far. I'm at that phase where I'm still steadily accumulating, so the dips every now and then are pretty much good favors for me since I can buy more coins in a low price (since I DCA).