Some analysts have concluded that prices have been declining regardless of the news, possibly signaling a natural cooling off following the year -
long bull rally.
Some analysts have concluded that prices have been declining regardless of the news, possibly signaling a natural cooling off following the year -
long bull rally.
Not exact matches
As for when the current six - year
bull market will lose steam, Lee pointed to two preconditions that marked the downturn in three similar
long - lasting
rallies.
This occurs when the
bulls are fight for control over
long - term investors who previously bought at higher prices, and whom are therefore selling into strength of the
rally in the hope of «just breaking even» on their original position.
The bitcoin price has
rallied 84 percent from recent lows, suggesting a bottom is in place, although a
long - term
bull revival is still not certain, according to the price charts... Read more»
Also, if this was a sell - off after a
long bull market (not a six month
rally) where large amounts of capital investment entered mining, then bullishness might be less warranted.
Furthermore, I believe market timing can be the greatest detractor to our
long - term returns whether we become overly pessimistic and sell into bear markets, catch the irrational exuberance bug and buy into the end of
bull market
rallies, or sell out too early in
bull markets and miss some of the best years in the market.
Early bear market
rally or just a simple correction in a much
longer bull market?
In the stock market, the big three all
rallied this week, continuing one of the
longest bull markets in U.S. history.
Bitcoin price has
rallied 84 percent from recent lows, suggesting a bottom is in place, although a
long - term
bull revival is still not...
Billionaire hedge fund legend Mike Novogratz — a
long - term
bull who thinks the bitcoin price could reach $ 40,000 in 2018 — stated on CNBC that he would not be surprised if the markets undergo a short - term correction as the
rally cools off and traders take profits.