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Author Topic: Too blind to see  (Read 521 times)
imamusma
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June 13, 2021, 08:49:27 PM
 #61

As far as I can see,  bearish sentiment persist in Cryptocurrency so far!  It has been happening since end of April and this should not be a news.  When will there be a reversal?  may be very soon as market has not fully get to it's price potential!  Bitcoin could still be $100k and ether could be $10k this year!
Yes, hopefully that can be achieved in the near future, because if Bitcoin can penetrate $100K for one unit and Ethereum can be at $10K in one unit, I'm sure there will be many people who are profitable and some will always praise Bitcoin and Ethereum for that time.

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June 13, 2021, 09:26:29 PM
 #62

As far as I can see,  bearish sentiment persist in Cryptocurrency so far!  It has been happening since end of April and this should not be a news.  When will there be a reversal?  may be very soon as market has not fully get to it's price potential!  Bitcoin could still be $100k and ether could be $10k this year!
Yes, hopefully that can be achieved in the near future, because if Bitcoin can penetrate $100K for onen  unit and  Ethereum can be at $10K in one unit, I'm sure there will be many people who are profitable and some will always praise Bitcoin and Ethereum for that time.
Bitcoin and ethereum will surely go hand in hand so if bitcoin reaches new ATH, the other coin has all its possibility to reach new ATH too. I think most of the coins will do the same once bitcoin is in a peak.

The present market condition is definitely in a bearish season but even if we see prices in dips, there's no need to worry because if we closely think of it, bearish season will always be a perfect time to add potential coins in our portfolio. People may worry when they see their investments falling this time but didn't realize that after this, huge profits are waiting if we just grab this chance to accumulate more cheap bitcoin and hold them for years.

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hari9981
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June 13, 2021, 11:35:14 PM
 #63

We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?

IMO If its slow and keep recover, it wasnt a bear then right? I just think this phase happens because of many fuds come to us while the bull not end yet, so enjoy another accumulating phase.
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June 14, 2021, 01:28:54 AM
 #64

We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?


IMO If its slow and keep recover, it wasnt a bear then right? I just think this phase happens because of many fuds come to us while the bull not end yet, so enjoy another accumulating phase.
I guess that is true the bull is not yet over and we still have to enjoy more surprising price increase for this month. Thus, one reason that makes the market gain a lot of speculation that pushes the crypto world  more interesting is the adoption of bitcoin in el salvador as a legal tender.
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June 14, 2021, 04:30:10 AM
 #65

well, we are indeed in a bear market, if we see a fairly high ATH. however, currently the bitcoin price is still stable in the range of $35k to $39k, and we still don't know if the price will drop further, or rise again. Personally, I'm aware that the bitcoin price is still in a bear market, and I hope the price will soon exceed the $40k range.
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June 14, 2021, 04:41:37 AM
 #66

~
Too soon to tell. I read news in Facebook that some even speculate that it could still go around by 200k-ish when the bull run starts again.
Bull's exhausted right now so give it a break for now and take the opportunity to buy more Bitcoin. Moreee Bitcoin.
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