There've been some pumps and dumps, but somehow this last rise less than a week ago felt different to me. The prices went up about 20% without going down. The market seems to be surrounded by great news about serious companies talking about adopting blockchain. For now the situation is stable and if we gradually see the market going 20% up every week or two, it would be just right. What do you think? Is this low price nightmare close to being over? Do you still expect full recovery this summer?
Most the market has just corrected itself. You cant expect any market whether it be fiat or crypto to rise vertically and stay that high. Markets rely on people selling the product to others for a higher price- therefore the people who got in early sold to the last people to get in. This market in my opinion has steadied out. its going to go sideways for sometime until something in the world makes people invest in crypto. Us as investors need to wait until the third round of people come into crypto to try their luck- otherwise its going to be the same money circulating.