RE: Bitcoin is officially in Bear Market Territory - What to watch for next, and Predictions! Can Bitcoin Make New HIgh?

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Bitcoin is officially in Bear Market Territory - What to watch for next, and Predictions! Can Bitcoin Make New HIgh?

in ethereum •  8 years ago 

Not sure if I would call it a bear market. This summer is going to be very volatile and I don't think you will be able to definitively say either way for a while. However I do believe that cryptos will continue to "shark teeth" in a general upward trend.

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Yes we can only know for sure once we are 3-6 months out in the future. for example we didn't know we were in a "GREAT RECESSION" in 2008 until 2011 HingSight is 20/20 Thank you for the upvote!! Right back at you.