With the roller-coaster price movement this year, I like to know if what you think about this year's market condition overall.
Are you still bullish despite the huge dump from ATH, or do you think the market will be bearish throughout?
Share your thoughts and what's your basis, it will help everyone to decide.
Well, I remained bullish. Simple because the current Btc price isn't considered as bear market, even when Btc was still sitting at $30,000 level. Though the drop was 50% from the last ATH, but $30,000 is still a big increase in price compared from the past years.
Also, even with the negative news that might've greatly affect Btc like the China power issue, Btc still remain it's range and doesn't seem to be affected at all.
Now, Btc has been gradually increasing again flirting near the $40,000 level. It gives me a lot more reason to stay bullish in the coming months.
Look at how awesome it is rising as well. We have broken 40k+ twice in this one week, how could anyone be not bullish during this period? I personally feel like we are destined for great things, maybe not right now but it is basically looking like we are going to keep going up and up whenever we fall, and that is what matters the most, the price could fall, but it will recover and go back up and that is the most important thing, we are working towards making sure that we can make a big profit whenever there is a fall.
So when you see bitcoin fall ever again, just buy as much as you can and then you can sell it whenever it goes up, that way you could profit from it a lot more. I have a family member who put a place on sale and he doesn't need that money, I may actually end up convincing them to put a bit of it on crypto, because it is looking mightily bullish now.
