Re: The money started coming back to the cryptocurrency market
That is just 1% hike in the 24 hours volume and its nothing as compared to what we have suffered earlier.
Its good thing that it is started to show up as green but to have a complete and solid bull run we need to wait until the market goes beyond 10% in total market value. This is just start of the bull trap and until the time it gets to 10% hike we have to see it as trap only and be not too excited about it. Once it hit those numbers then we can say that we have entered into another phase of crypto up surge.
Lets hope this happens by today only in the same way as it dropped sharply, it should get hiked sharply as well.
Its good thing that it is started to show up as green but to have a complete and solid bull run we need to wait until the market goes beyond 10% in total market value. This is just start of the bull trap and until the time it gets to 10% hike we have to see it as trap only and be not too excited about it. Once it hit those numbers then we can say that we have entered into another phase of crypto up surge.
Lets hope this happens by today only in the same way as it dropped sharply, it should get hiked sharply as well.
Dunno is is a bulltrap or not but I can agree about the volume as it hasn't changed that much still fluctuates at around 4 billion.
I really don't want to believe it but...this rise happened just a few days after the thether printing machine started, maybe just a coincidence but still....
The total cryptocurrency market was $238 Billion a few hours ago and yet the market is almost $260 Billion.
Unfortunately, those numbers mean nothing and certainly they don't reflect the money invested in cryptos.
Do you really think that in the last 24h people bought cryptos for 22 billion $?