The market has started to be good again. Bitcoin prices have increased a lot. Bitcoin was only worth 3,000 dollars in the past few months. Then the exchange of Bitcoin and other cryptos in the market was very low. Not only that, many traders retired from the market. Most traders hold their crypto, so the market volume has dropped a lot. But now the price has increased to $ 10,000. And experts believe that the price of bittacquena will increase further. If you notice, the market volume is moving upwards as the price increases. Traders are back to the market. The traders are coming to the fire and their holding crypto is leaving the market, so the exchange is increasing. The main reason for the market being look good is the increase in Bitcoin prices.
It is true that Bitcoin is very much influenced the volume of exchange market by the Bitcoin value up and down.
Yes it is.
But it aint really good.
I have experienced the greatness of bitcoin reaching its ATH at almost 20k USD and it felt good.
But it is also glued to the fact that it can go way down in an instant. It happened already and it might repeat its history.
The reason could be those who held their bitcoin back then where they FOMO'ed at 19k could be selling anytime.
Yes. Anytime now.