Bitcoin Showing The Sign Of Bull Market Next Year
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We are closer to a new year and bitcoin may cross $100k worth price next year. Many experts expecting to see bitcoin worth $120k worth price value of more. Right now I'm expecting to see bitcoin price $80k. Bitcoin is showing positive sign when Altcoins are showing something opposite to it. Not all the Altcoins are showing or performing worse. Solana hit $200 worth price value but unfortunately I couldn't hold it when necessary. Ethereum is doing good too.
Bitcoin may hold the price upto $70k for next few weeks. I'm waiting for next buy but market is high now and buying at this moment can cause huge loss. I'm still in loss but my next plans can help me to recover few loss. Though current crypto pump not helping me to recover losses but next down market will help me to accumulate some crypto and I can sell them when it will pump again. The current pump is not for me and I'm not ready for bull market yet.
Next year sounds a long time but on November or December we can see next year is closer. This month once again I took risk and sold few crypto coins accepting the loss. This loss can turn into profit if I'll be able to buy deep but market looks like on fire and unstoppable to move forward. A little more wait could bring some progress on my crypto portfolio. It is not yet too late so better I wait for next dump. It will happen constantly and we investors can plan for next buy.
Whenever crypto market looks down, it feels like bull market is far away but whenever the price of coins in the market shows green candle, it seems bull market is closer. It is a mixed feeling of both positive and negative. Few altcoin price is still frustrating and it may shows good performance when it will be bull season. The unbelievable fact of altcoin is, the current price value of few altcoins are lesser than the bear market price value.
It always make me thinking or maybe overthinking, can we expect a good price value of these altcoins when it will be bull market? Better we stay positive and hold for the right time. Only time can answer our all questions and doubts in our mind. Time to focus on correcting mistakes and I'm still working on it and no wonder that making new mistakes too. Learning come first before earning so I'm still learning and sharing my experiences on crypto trading.
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On December, all people will sell their assets to for example go to the hotel or selling gifts to themselves so I guess there will be red market on december.