Post
Topic
Board Altcoin Discussion
Re: New bull market or new bear market ahead?
by
beerlover
on 27/08/2023, 20:25:43 UTC
This is a sideways market. Bitcoin has been moving between 20k to 30K for over a year now. Anything below 25K should be utilized as buy points.
After a bear and sideways movement around the low, it's no brainer to predict an upcoming bull. But no one is sure enough when would it arrive and whether we would get many other opportunities to buy bitcoin. A prediction is once we hit 41200 on bitcoin, we would move into a bull run. Till than it's wise to keep investing a part of your savings into crypto.
True, the movement of BTC so far can only be predicted. So, when it comes to rising or falling prices, it's always a surprise. Yes. what you just said is true, as a user and what is certain at this time is to continue to buy as long as the market is in conditions like this according to our respective abilities and prepare for all eventualities. if flying would be more fun.
That is what we can all hope to achieve, there are situations where it is going to go up or down and we will not be able to know what it is going to do, we are not suppose to know it beforehand neither, we are suppose to just predict it. So all we can do right now is try to predict if it is going to be going higher or lower in the future.

I would say that it is going to go higher in the near but that is just a prediction, I do not have anything that would say that it is going to make me a profit, and nothing that says it will go up. These are not facts, "price will go up" will never be a fact, it is just a prediction but what else do we have other than just predictions when we are talking about the future price of anything in the world?