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?
the truth?we can't tell mate because market is volatile and even "experts"has difficulties to predict market now.look at the graphs and you will find that the ups and downs of prices is getting hard to speculate
but for those who can wait,for sure prifit will wait them as well so if i were you better to keep an eye for the prices of bitcoin and ethereum since these two has the most stable price as of now
Technical analysis is not enough to actually predict the future price of coin for us, but we have to also mix it up with fundamental analysis, but I dont know why we bother about price increase now when our investment is for a long term purpose.
We deal with a coin that is already sure of having a very big future, and the big future will also come with a high rewarding value, so come now or tomorrow, the value of bitcoin will surely increase to over 10x of this current value, so except that we are short term traders, or day traders, it is best that we just keep our prediction for now, and just believe that the value of bitcoin when the supply is very limited and scarce will really be big which will surely be announce when the particular period of time comes.