Bitcoin is currently pumping could this be just a hype or this the next wave that will pull the market back from the current bearish track that we experience. Price pumped to 6750 USD from 6400. We can see an identical increase with other altcoins too. Your ideas are welcome?
I don't think Bitcoin is back per se but only moving on its usual trajectory and we see it more clearly now. That is not to say that the coin will not be back but right now it seems the course of self correction is ongoing. The coin I believe is poised to regain its strength and ultimately bounce back. In the next three months the difference will become clear.