The bear market have lingered and has made many people lose faith in cryptocurrency. This is evident in the number of sell off recorded for the past few months. However, signs of recovery are beginning to emerge; BTC have crossed $7000 and still remain strong. Similarly, Ether have started showing strong signs of recovery after depreciating significantly for the past couple of weeks. Can we therefore, say that the much awaited upward trend is here?
What is your opinion?
It's too early to assume its uptrend but it sure seems like we're heading in the right direction. There have been few very good news regarding bitcoin in the past few days that have really helped the price and this should continue and we will call it an uptrend within few days or weeks.