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Topic: Should we call it a trend or a wave? Or something else? - page 4. (Read 529 times)

sr. member
Activity: 784
Merit: 257
what you need to understand is the fluctuating nature of the market, price fluctuations often occur in trade, if the market is flat, a large movement will usually occur, just hope that prices will rise again.
hero member
Activity: 2870
Merit: 594
So basically last year was full of great ups and downs, but this years bitcoin doesn’t have that amazing news or the great interest from the people who doesn’t invest or doesn’t own, like last year my father came and asked me about btc (when it went higher than 10k$) but now it is just back to the normal state which is only interest from the holders.
So let me re ask my questions: Do you think it was just a trend? Or it is a wave that has ups and downs, and will come back again?
Or do you think it is just something normal to happen since people believed it is just a trend?

/discuss

It's called cycle. Right now we're obviously we're in the bearish one. 2018 was the start of this cycle, so there's a lot of ups and downs and then we stabilizes around the $6k-$6.5K levels however, it dramatically fall because of all the BCH drama. If we're going to look at it's past history, bitcoin works that's way, bullish/bearish cycles.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
Hello, because of the little I have studied and read many authors, we are in a phase of accumulation, bearish trend I am clear that we are not, come of a distribution phase, according to Wyckoff we are in Accumulation-Spring Zone.
member
Activity: 150
Merit: 10
So basically last year was full of great ups and downs, but this years bitcoin doesn’t have that amazing news or the great interest from the people who doesn’t invest or doesn’t own, like last year my father came and asked me about btc (when it went higher than 10k$) but now it is just back to the normal state which is only interest from the holders.
So let me re ask my questions: Do you think it was just a trend? Or it is a wave that has ups and downs, and will come back again?
Or do you think it is just something normal to happen since people believed it is just a trend?

/discuss
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