Bitcoin might continue Bear market for another 1-2 months?????

[aardvark15]

I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.

A recovery from a crash can take a few years. That’s what happened after the last crash at the end of 2013. I don’t think the price got back to the all time high for 4 years after that. I don’t really think that will happen this time since Bitcoin is more established now, but we should be prepared for that possibility. I think it will take at least the rest of this year and maybe longer.

[ronafurw]

I was thinking we’d seen the worst but it doesn’t look like we’re out of the woods yet. There seems to be a concerted effort to keep the price down unforrunately.

And that effort to keep pushing it down is really baffling. From the look of things, until we are sure now before one can really say what the market holds up next and looking at the way the market has been reacting to resistance, it is obvious some group of people just would not let that go past that level which is very crazy though. From the look of things, I am beginning to see this year as the accumulating year.