Recently read the news that the volumes are growing at localbicoins in Canada and Europe. The news is really true, as I have checked this information through a special service.
What do you think? Is this a bull market signal or another trick?
It's neither a trick nor a signal for a bull market.
Just because the demand for buying and selling OTC is increasing, doesn't mean we are out of the woods.
Of course you wanna buy when the price is low. Anything else would be dumb from an investors point of view.
But imo it'll probably need a few more months before we could see a trend reversal.
What's so bad about 6-12 months bear market for instance? The weak projects and coins will get washed out, which will strengthen the market and ecosystem in long term. Take advantage of this phase and I try to accumulate more BTC!