Is it a bear market or is it just news about the dollar getting stronger that makes bitcoin look less valuable?
These days the price of bitcoin and the alt coins seems to fluctuate depending on the economic outlook of the US dollar. If anything we are getting a little discount this week before the end of the year.
If Bitcoin performs like it did 12 months ago then we are in orbit. It went from 20,000 in December to 60,000 in February and it's kept that price. Another boom like that would bring bitcoin's price close to 200,000 dollars. Compared to Bitcoin Hive looks so tiny but Hive may continue to follow. In that case then we could see $3 Hive. Still I think most people will probably HODL and the price could continue to go up.
It's hard to tell the future even though we have clear evidence of past actions in similar circumstances.
I totally agree with your summition and the bases facts.
I will NOT upvote this comment because of this:
See more details here:
https://www.proofofbrain.io/hive-150329/@onealfa/news-on-my-curation
Dollar is falling this days
And anytime there is a little bearish market in the Cryptocurrency market like this then a great bull run is about to occur.
This has been a repeated pattern in cryptocurrency since 2013 that before a great bullish there will always be a little bearish
Dollar is now rising again and the momentum is nice hut as we all know that fiat is at the mercy of falling, every year dollar falls by 3% according to my research.
and the reason why fiat falls per time is that the circulating supply increases at the will of the central body in charge of it.
but cryptocurrency has its total supply which is and advantage
$3 at hive will amazing and if we see pob @$0.5, then it will be my best bullish market I will ever experience😁😁😁😁😁.
Can you share us the news about dollar or you're just suggesting?I love to know the in-depth of something and wanna know the cause of the sudden fall of btc
#topic
can pob still return back to 1.8 hive in value.
With sincerity,people should say thier view on this.
China caused the sudden fall of Bitcoin. They stop all china banks transactions of cryptocurrency and stop btc miners in China.
Yes ooh,such is privileged for dose to buy and dose that Hurd it.
I will NOT upvote this comment because of this:
See more details here:
https://www.proofofbrain.io/hive-150329/@onealfa/news-on-my-curation
Honestly I agree with you on this,it is not about bear to me too,but dollar is the one doing the job right now
What's happening to dollar
Dollar too is also loosing it's value and I don't think dollar is the reason why cryptocurrency is falling.
Both dollar and crypto are currently loosing value and that means the world market are loosing value
Did you cashed out some profile during Bull run or you are just waiting for 100K spot of BTC? 😊🙄
😂😂😂
Sorry to those who Bought Bitcoin at $68,000 as a short-term investment.
they will presently be on loss of 12,000 dollars.
The should hodl thier asset longer to make profit because this might be the last bear market of the year💯💯💯
In the cryptocurrency market holding is very important if you cannot hold you can make it in the cryptocurrency market.
Holder will always laugh at last expecially when you believe in the project you are holding, and that will lead me to drop a #topic here
Do you believe in this proofofbrain project
yes, holding is very important in every cryptocurrency market, especially this time that every market is done,I mean fall is the best time everyone to buy.
another thing is that after buying we need to believe in the project we are holding,those that believe in bitcoin project then are the one gaining it now.
exactly, let everyone hold on a project that we see that will be the best for us right away.
this time that every market is down is just an opportunity for everyone of us that what to in invest is a cryptocurrency project
Great insights.
If we loose 58k things get complicated... Next stop 52.
Hope that will happen so i can purchase more
It has gone below $58,000
This is trouble if Bitcoin goes to $52,000 but a great opportunity to buy the dip
Monday closes week. So lets see if can handle this support. But i think we can have dip dip
as of now the market is recovering and alt coins are coming up, let hope thing come back to normal and we see a bull run december.
we should all make money for the end of the year celebration, and we could all have a detty December
but this recovering cant last there will still be a little pull back, so if you're trading trade with caution to avoid liquidation.
but after the little pull back i fell we are mooning 🚀🚀🚀.