What a sunny day for bitcoin and the cryptocurrency market? The market has added over $20 billion in the last 48 hours.
is that the sign of the next crypto bull run or this is just another pump by the whales to let people in and later catch out their money?
Are we on the verge of seeing another ATH very soon or it is just an ordinary pump... What y'all thinking?
Yeah, it is a fresh breath of air in the constant plunge that has been happening for the past few days. Looks like a good amount of buyers entered at the $3800 levels. So now we have a decent support established at those levels. But it would be too soon to call it anything. We are still in bearish territory. Wait for the trend to play out before entering with your funds.
Well, for now, it is. My only fear and doubt is how long this will last and if such gains would lead to the bull market we have all been waiting for as investors and users of crypto currencies. I mean, we all have been enduring this investment drought, so it would be really nice if we would see some good movement that would last for a foreseeable amount of time rather than just keep our hopes up only to see it be shattered again.