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RE: Bitcoin's in a Bear Market, but I am more BULLISH than ever!

in #bitcoin6 years ago

I'm incredible bullish on BTC! One thing that you didn't put there is that BTC can become the next gold, with whole countries backing their own fiat with BTC! We saw a huge BTC bubble, it's normal for the bear market to be deeper in these cases... It's also a great opportunity! If the bear market is deeper it also means we will have cheaper prices to buy! And let's not talk about people that heard about BTC on the rise up and said "I will invest once we go down" or the people that sold on the ATH and are waiting for the reversal to happen! those people have the money saved up just waiting! It's not a if it's a when! I have a small amount of $ saved up just waiting for the market reverse! The longer it takes for the reverse to happen the more the price will pump!

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That would be this one right here:

"It's gaining traction as a better gold and portfolio hedge among investors"

That is actually one of the most likely reason bitcoin is going to go up in my opinion! :)

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