As of this moment when I tried to look at the performance of bitcoin in the market I found out that almost every crypto is on green. Does this manifest the start of a bullrun for bitcoin's value? Will this greens remain strong in the coming weeks or until the end of the year? Share me your thoughts on this!
Not by a long shot. This is just another recovery in my opinion and then follow with another dips because trading bot will make another run if traders chooses to do so. So don't get excited for any break out run because its not a good indication of a bull run. Unless we hear some positive news, by then again we have a lot of great news lately but we haven't seen any bulls in the horizon.
There is still a chance the general market would recover before the end of the year, and possibly with the way things are going now actually, I would not doubt it.
However, how things would really play out is only going to be known with time and for what it is worth, I am actually a bit optimistic and not because of the USDT palaver that occurred recently, but the fact that the market keeps testing the upper line of the triangle over and over again, and the more resistances are being tested, the easier it gets to break it eventually and in this case, I am referring to bitcoin which the movement actually controls most of the coins in the market.