The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?
I would call it as a bear market since the price was starting to reduce to unexpected $7k range which is unusual as to someone predicted that it would stay $8k range. And my bullish price is the $10k range which is seemingly stable for a period of time.
Now would be the best time to buy since this is the dip that everyone was expecting to reinvest again after selling. Don't be too greedy to wait for another dip you might regret it if the price starts to boost beyond $10k.
We are expecting for the bullish season but it somewhat we had failed again just like what we expecting last year. It seems to be that we are going to drop down more and go back to $3k, I hope not. It surely gives disappointment for those who are expecting another $20k and quite much more for those who invested last 2017.
What do we have to expect to happen next? Still unknown, holding is quite a big help now rather than to keep buying.
It seems that the Bitcoin price was starting to get stable at $8k(i hope not) but if this is where it want to stay, then we must have to start to HODL. Cause it will take a little while before Bitcoin gets back to the previous stable price at $10k, and again the unexpected event suddenly happen or I might be wrong, I just need a little more time to find it out if this is the stable price.