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RE: Are we on the verge of a prolonged bear market?

in Project HOPE • 3 years ago

I've heard and read sevral negative remarks during the last week or two, but I'm honestly not quite convinced that the bear could last till 2024. I could be wrong, but I don't imagine things will be that bad.
We might briefly visit the $20k level, but saying Bitcoin would go to $3000 seems quite extreme to me...

Thanks for sharing :) @lupafilotaxia

3 years ago in Project HOPE by
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     3 years ago 

    Hi @qsyal

    As I mentioned before the cryptocurrency market is much more speculative than any other financial market, and something we should keep in mind is that every price movement tends to run the graphical representation of the Gaussian bell and precisely that is what makes markets have healthy capitalization behaviors and Bitcoin has not shown to be the exception to these movements.

    Best regards, be well.