The cryptocurrency market looks all good today and i believe this news has brought good news to the entire crypto community but i just want to know is this the highly anticipated bull run of bitcoin that has been spreading all over this forum or this is just the tip of the iceberg.
I dont think so, but in this past few weeks the market price is playing around $6k dollars which is not really bullish so there will still be a chance for the price of bitcoins to grow like what happened last year.
nothing can be said as now it is moving in the range of $6k to $7k below just like it was trading before in 1k above range and then it got low to $6k and now it is moving back in this range so either it can break another $1k or above or it can go past $10k also this time.
These days we couldn't predict such cases of price to bull run, because most of the scenario seen with the price of bitcoin really dumps its value. However the chances is always there but be careful when the price started to crash, after all sorts of rising. You maybe encountering short spikes of the price due to smaller increase of demand, which actually triggers a little demand of bitcoin purchases.