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??
I think that due to the recent movements of Bitcoin, it is obvious that the emotions in people begin to see and reflect in the news, but this is no reason to say that the Bull is coming, because we are still in the accumulation phase and the bitcoin can go down and fill many surprises, that scenario should be considered, the best thing now is to wait a week or two to see what direction you are going to take to react to the market.