Recently some positive news and frequent promotions from some platforms make me think if the bull market is on the way.
The water period in southwest of China starts from March and believe hundreds thousands of machines will be re-opened to join the mining, meanwhile the mining difficulty will definitely rise sharply.
Besides, many cloud mining platforms are moving these days: bitdeer, hashnest, genesis mining, cryptouniverse, bitdeer is the most active one, giving away gifts, coupons, even starting other crypto mining except bitcoin.
I'm not sure if it's a real bull, but seems we need to decide which is better for us : hold cryptos or put them in mining again. Is it a repeat situation of 2015??
it could take years, months, weeks or days. nobody know, but as crypto believer I believe we will see another bullmarket that will bring bticoin over 100k$
I wonder what would be the new ATH of Bitcoin this coming when it starts a bull run. Everyone was so crazy about the bullish trend in the market because they have been suffering too much bearishness in the market lately that most of them would like to quit. I hope they would know how hard it is when there is a bullish in the market though I consider it as worth it than in bearish trend.
During bull run or let say a new ATH of Bitcoin people will start to have a hard time to send some Bitcoin if their fees are regular only. As miner fees will eventually get higher and higher.