BTC Bear market has started
Like it or not BTCUSD is in a bear market and it will take a few months to recover.
- The coin will go down to about $5400 or maybe $5900
- We will then see a very shallow recovery, (stabilisation), as people will be reluctant to re-enter the market.
- Many Altcoins will fall off the cliff
My strategy? If you are invested in Altcoins, move them to more mature coins, (ETH, LTC, NEO, XVG and so on).
And for now just hold, and hold, and hold!
The Market will recover and we will see new ATH, but you must wait.
In a few months all this will be nothing more than a bad memory. I do not see us back to 10K before April.
- The coin will go down to about $5400 or maybe $5900
- We will then see a very shallow recovery, (stabilisation), as people will be reluctant to re-enter the market.
- Many Altcoins will fall off the cliff
My strategy? If you are invested in Altcoins, move them to more mature coins, (ETH, LTC, NEO, XVG and so on).
And for now just hold, and hold, and hold!
The Market will recover and we will see new ATH, but you must wait.
In a few months all this will be nothing more than a bad memory. I do not see us back to 10K before April.
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