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Learning & News => News related to Crypto => Topic started by: newshunter on July 04, 2022, 01:01:29 PM

Title: Bitcoin will see ‘long bear market’ says trader with BTC price stuck at $19K
Post by: newshunter on July 04, 2022, 01:01:29 PM
Bitcoin will see ‘long bear market’ says trader with BTC price stuck at $19K

No sign of a significant shift up or down for BTC price, but volume data hints that the bottom could come in weeks or less.


Source: Bitcoin will see ‘long bear market’ says trader with BTC price stuck at $19K (https://cointelegraph.com/news/bitcoin-will-see-long-bear-market-says-trader-with-btc-price-stuck-at-19k)

Would appreciate your opinion about this
Title: Re: Bitcoin will see ‘long bear market’ says trader with BTC price stuck at $19K
Post by: cheezcarls on July 04, 2022, 02:37:25 PM
Bitcoin will see ‘long bear market’ says trader with BTC price stuck at $19K

<p style="float:right; margin:0 0 10px 15px; width:240px;">(https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvMDFmNDBkY2YtNDYzZC00ZmI1LWIwOTItNzkyMjRkZmZhYmFkLmpwZw==.jpg)</p><p>No sign of a significant shift up or down for BTC price, but volume data hints that the bottom could come in weeks or less.</p>

Source: Bitcoin will see ‘long bear market’ says trader with BTC price stuck at $19K (https://cointelegraph.com/news/bitcoin-will-see-long-bear-market-says-trader-with-btc-price-stuck-at-19k)

Would appreciate your opinion about this

There’s always something positive out of the negative in any situation like this. For me in doing dollar-cost averaging (DCA) with Bitcoin, I would love to accumulate more of this before we experience the bull run once again.