Bear Market, Bull Market, Or?
Assigning a “label” to event helps everyone categorize things. It has been weeks now that traders struggle to answer the question, are we in a bear market?
Assigning a “label” to event helps everyone categorize things. It has been weeks now that traders struggle to answer the question, are we in a bear market?
No matter what asset class you are trading, the principles of demand and supply are the leading indicators to understand where the trend is heading next.
Altcoins have rebounded strongly since last week’s lows, with Bitcoin looking much weaker and uncertain about which direction to take.
The market was overheated, and newcomers learnt that those who survived this sharp price drop carefully managed their risk, maybe with a stop loss in place.
While the price target for the current market cycle is still uncertain, it may be easier to foresee what will be the price floor of the next bear market.
If you missed out on buying Bitcoin at lower prices, Altcoins is the second chance. Profiting from Alts and selling to Btc will be a unique opportunity to accumulate before it rises.
What nobody would have ever guessed is that Dogecoin would have been on the verge of starting a worldwide revolution among millions of people.
Where should I buy cryptocurrencies? Hacks, scams, downtimes used to be an issue but prominent players have now gained a solid reputation for offering safe and easy options.
If I told you that the real Altseason is not even started, the first thing you’ll think is, “that must be an April fool!” as many coins on the market trade high value during this Bull Market. It’s hard to imagine that most of the upside is still ahead of us.