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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
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Poster Handle
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Tekunda |
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Post Content
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OP why would you not buy any BTC if it goes below 40k? that seems like a weird statement to me
Quoting: T-Man If it goes below 40k, that breaks below the high on January 8th 2021. If it goes below that the bull run is over. If it goes below that all kinds of bad things will happen to the price of btc. If it goes below 40k it can't go above 65k. I don't think it will do this. But if it does? It's over. May I repeat my question, OP? Do you see any chance of BTC enter a sideways market instead of making a 200k ATH? And what would happen to Altcoins should BTC go range bound for a longer time period? I don't see it as likely. There are a lot of buyers and a lot of sellers right now. For that to happen, people would have to get bored with bitcoin. If that would happen, alt coins would boom initially. Then eventually alt coins would mimic bitcoin. That makes sense indeed. So whenever we enter a bear market, not a lot of crypto profits will be made I guess. Especially in Altcoins many people got spoiled by a quick 10x which was quite possible during this bull run. It might still be possible with few assorted altcoins, but in general traders got really spoiled during this bull run and it will be interesting to see, how many traders will survive a 3 year long bear market.
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