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?
I do not know, the market has not done anything good for a long time, and the development has not been seen for a long time, so I can not say that finally came the growth, we will see in the future, when the development will grow.
Will be able to see when things already happens, the uptrend are still a little compared to the downtrend that happen after last december, maybe there's
a need of something which can lift it up again and hype the investors and traders mind to start buying and holding again, without this players we won't be able to say if uptrend will be on its way and the bull will bring decent gains with our investment again.