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Author Topic: Is this a sign of the bearish season or just a retracement?  (Read 3316 times)

Offline Crypto Library

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Re: Is this a sign of the bearish season or just a retracement?
« Reply #75 on: December 22, 2024, 10:27:19 PM »
This is just a correction, even though the price of bitcoin will turn below $90K, the price of bitcoin will likely rise again. Because the bullish season will occur next year and Trump's inauguration will occur in January next year, we will see the crypto market surge at that time. so we remain calm when we see the current red crypto market.
Because this is the best time to buy.
I can agree with you. I am also expecting that Bitcoin will recover from this correction in a short period. Like maybe we will see the Bitcoin on 108k again on the 31st night? Although I don't know much analysis after experienceing the last few days on the market its feel me from ithe nside that Bitcoin will recover soon.
And I will also say that these kind of  correction in market also needed like for kicking up the altcoin season at this moment. As these dump will decrease the bitcoin dominance in the market.

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Re: Is this a sign of the bearish season or just a retracement?
« Reply #75 on: December 22, 2024, 10:27:19 PM »

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Offline JoyMarsha

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Re: Is this a sign of the bearish season or just a retracement?
« Reply #76 on: December 22, 2024, 10:28:20 PM »
If the price of Bitcoin will reach $ 250k next year, this is very great. Hopefully your predictions will happen because I haven't sold my bitcoin and will hold it until next year.
 I did not really follow what Trump was doing during the presidential election, but I hope Trump did the best for Bitcoin when he had been appointed to become a US president.
You not selling your Bitcoin yet, doesn't mean Bitcoin will reach $250k next year. We are not really sure whether Bitcoin will hit $250k by next year. Don't just placed your mind on it before selling your Bitcoin.

To be at a safe side, sell some part of your Bitcoin at $150k, and hodl the rest to $250k, if you truly believe it will happen. Selling some part of your Bitcoin, hodling the rest looks better that way because it's better you have some potential profits than losing it all, in the means of waiting for huge amount for Bitcoin to reach before selling.

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Re: Is this a sign of the bearish season or just a retracement?
« Reply #76 on: December 22, 2024, 10:28:20 PM »

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