Bitcoin pump to $4,919 and back down to $4,671 at the mean time.
Why is this pump happening? Bull market is back?
Price: $4,671
24h high / low: [$4,919.39 / $4,124.31]
Market Cap: $82,303,956,910
24h Volume: $17,479,334,170
https://www.coingecko.com/en/coins/bitcoinOf course, the bull market will be back. No need to despair. Remember that whales just want it - the complete despair of small traders. Their goal is to bring people to the point where people will sell their coins at a huge loss (70-90%). It is on such schemes that they have the main income. Don't give in to this pressure and moods of pessimistic traders!
They can do that, they can create FUD so people will dump.
Now, it seems it's a complete situation that we are witnessing in the past, people are more optimistic now and they are calling a new ATH
with their prediction or bitcoin having a good run this year.
If we will have a long bull market this year, this would really be a big help for us and once again we will have some hope on our holdings.
I think that this year the new ATH is unlikely. There are no real reasons for such a significant price increase. People are too scared now, so many will be reinsured. Whales simply will not be able to pump the market in the shortest time possible. Therefore, this year Bitcoin achievement of the mark of 15-16k dollars will be an excellent result. Although anything can happen.