Bitcoin Update: Bull and Bear Scenarios

[cryptoupdate]

To say that the last two days in crypto have been a bloodbath would be an understatement. Many altcoins have broken critical support areas. Some cryptos even registered new yearly lows. One of those is Bitcoin (BTC/USD).

Bitcoin dropped to as low as $5,188 on Coinbase and lost as much as 20% of its value within 48 hours. The move forced numerous retail traders and long term hodlers to give up their digital assets. It also reinvigorated bears who felt ecstatic that $6,000 support crumbled into pieces. Their renewed confidence gave them the voice to spread fear, uncertainty and doubt (FUD). The chatter of Bitcoin trading at $2,000 – $3,000 has been the noisiest in the last 48 hours.

If you’re an ordinary investor who believes in the revolutionary power of Bitcoin, the amount of FUD out there might shake your beliefs. However, is there a grain of truth in what bears are yapping? In this article, we reveal the possible bull and bear scenarios to prepare you for whatever comes next.
The Bullish Scenario

https://samcrypto.com/bitcoin-update-bull-and-bear-scenarios/ [nofollow]

[alltalk]

Nice article. I am very interested in this prediction. Even if the scenarios are just predictions for the possible upcoming bullrun, but I see a chance for the scenarios to happen. By the way, would you tell me the possible bullrun through the scenarios happening in December or next year?