Are we going to Saturn or will cryptos reach only the moon?
Right now the market is not so bearish and not bullish as well. We had this rising trend in the market few weeks ago and the price had risen up to more than $8000. It was thought as the start of the boom but it the prices dropped again. The fall is considered a momentary one and that the market will again take the pace to recover and improve. As soon as we get close to December, we will start witnessing a rise in the whole market.
The market has opted users the choice of accumulating as much possible, as the price of each and every digital currency has fallen low and some has gone beyond limits which could've never been a expected thing.
When more people are into buying at dips, I guess we would not have experienced the low below $6000 levels. I am expecting the bear trap as market remains calm and high volume which may lead to another bounce back toward $7000 levels and then to previous short term high levels of $8200 also possible if sustaining at current levels persist.