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RE: How Long Can The Bear Market Last? Some Observations & Thoughts...

in #crypto-news7 years ago

As you have mentioned in previous videos, all markets go through cycles in which nobody can really time effectively. While I agree that it is still a bearish sentiment and that we still need a big capitulation drop with high volume to flush out the final sellers; the sentiment could be indicating a bottom and the start of a more stabilization process that is needed before the next move which will be determined by the fundamental value rather that hype or speculation.