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?
In a long term perceptive using the monthly chart as a point of reference the price of cryptos is bearish while on a short term its bullish i.e good for experienced day trader, hence the market is bearish now (short term ), however the price might have reached a support at $8100 thus indicating a possible bearish runs as we approached the last quarter of the year thus there is the tendency that the prices of cryptos will be bullish before the end of the year.