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Author Topic: When do you think bear market will come?  (Read 447 times)
Kabul
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April 14, 2021, 08:00:10 PM
 #41

The uptrend only lasts for a year so I believe that it there will be another year for the bull run and then we might face the tragedy of the bear run. Right now, the hype is not yet over since people invest everything they have on digital asset such as bitcoin, crypto and NFT. Everyone has their profit from these activities

There are rumors that miners start selling their mining rigs cause they believe the bear run is likely to happen in the couples of month





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Danslip
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April 14, 2021, 08:43:35 PM
 #42

When do you think bear market will come and why do you think so?

maybe this week bear market will occur, because BTC has made a new ATH price, so there will definitely be a correction for the market (bear market), but of course bear market that occurs this year will definitely recover quickly, because the market condition this year is very good (market cap continues to increase), so of course the price of cryptocurrency will increase very high again (bull market) after bear market occurs (market correction).
That is right BTC has reached its own ATH, but that doesn't mean the bear market will occur. None can predict when it will happen, l think this day is not near to us. If you see the price of other currencies like ETH, BNB, and other top altcoins. You can see that their prices are also getting up, most coins have made their own ATH this year, no exaggeration to say that this year would be the best for cryptocurrencies. l hope BTC will keep increasing and reach 70k. The bear market will not bring the good things, altcoin season will be with us a bit more time. Maybe after months, the bear market occurs.

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wiss19
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April 14, 2021, 09:26:29 PM
 #43

When do you think bear market will come and why do you think so?
I do not think that it will come anytime soon, but at the same time I do not believe that its long way away neither. We started this increase around October, it has been around 6 months or so, and that means its doing great right now, but I do not think that it will go another 6 months neither. I think we will keep going up until summer, and during sometime this summer we will start to see bitcoin having a bit of trouble going even higher, we have gone so much high these days that I do not think that we will have any similar increases again.

We have gone up about x6 and then some, if you look at previous year we were even under 10k so we can say we increased as much as x10, I do not think that we could ever go x10 this quickly ever again unless it drops super low which I think it won't. This is why it will have hard time going higher in the near future.
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