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 is unlikely that what is happening should be called a bull market or even preparation for it. Now we are seeing a good uptrend, which is too early to call a bull market. Throughout April, the cryptocurrency rose quite well in price, but in recent days we have seen a slight decline. Most likely, it will soon again continue to grow, but it is unlikely that we will be able to see significant growth, to call it a bull market.