So, what do you guys think? Is consolidation over? Are we still facing a bull market?
What makes you think that bitcoin consolidation has even arrived for it to be over, I don't think that we have even smelled the tip of bitcoin consolidation because during the time that bitcoin consolidate is when altcoins enters their season, and if I ask, have you see any slight recovery for altcoins? When bitcoin gets to that stage of consolidation, you will know, and no one will tell you when you see that all altcoins starts to moon in value.
It is this period that many people have been waiting for and that is the time I am waiting for also, I am hoping and praying that bitcoin goes sideways ,m so that we can get our investment out of some of these altcoins that have tied it down for a very long time now, especially some of those top altcoins.
Consolidation on bitcoins price doesnt mean that it would shoot out altcoins price yet theres no precise thing that when bitcoin price do move on this way would give out
that pumping effect to alts.We wouldnt know if people are just accumulating their btc conversion to fiat and just waiting for an entry or just simply cash outing their btc for
reconsidering some alts.We wouldnt know actually thats why its really hard to predict.You might see some signs of movement but theres always been a hesitation everytime you would tend to make a move because the thing comes thru your mind is that it might be a fake movement.So it isnt really that easy to do so.
