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?
Bear market is still happening and recent bull run I think is bull trap. So can not say that the market has uptrend. In 2018 I do not think the market can uptrend because it needs more time to adjust more before reaching a price higher than 2017