Do You Think Todays (Apr 2) Crypto Pump Is Means The End Of The Bear Market?
Do You Think Todays (Apr 2) Crypto Pump Is Means The End Of The Bear Market?
The total market cap of cryptocurrencies has been on a long-term downtrend for about 14-15 months now. Do you believe this is the bottom?
- Yes, this is it.
- No, lower lows and lower highs still ahead.
Answer the question at dpoll.xyz.
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I think that the real growth will begin not earlier than the end of this year.
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I think this may be the bottom for now, but I don't think that necessarily means we're out of the bear market yet. What's been interesting is, a bull run is called whenever the price of alt coins skyrocket, but it's never a sustained bull run because prices begin to fall from there quite substantially. So, benefiting from it unless you time the peak is hard to do and doesn't really help those of us who might be holding until some future retirement date.
I'm hopeful, obviously, that there will be growth. Steady and sustained would be preferable but unlikely in this current speculative climate. April to July is generally when STEEM has spiked to some degree, so we could be in for that again if history repeats itself for a fourth time. Whether or not we can call that the end, I don't know.
What I feel mostly good about is that we're less likely to see lower lows, and more likely to see higher highs. None of that is based on anything, though, so I'm not claiming to be an expert at all.
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