Sudden market movements these past few days have been somewhat bullish, I know we've got the whole halving thing in view, but are we really moving out of the bear market? If so can I buy or just short this b*tch. If the latter, what's your call price?
we are still not in a bullish market, if you can see the chart of the 1 day time frame, Bitcoin is forming a Rising wedge, and usually this pattern will give a touch of the price down, you have to be careful for now, if the BTC price can touch $ 8000, this pattern will fail and the Bullish is returns
this has been the point of discussion of the news channels in the last few weeks with some people saying that the price could drop to $3000 and others saying that the price could go up a lot, I took the liberty of posting something interesting:
bitcoin hash rate erases march losses before epic difficulty surgeif the price of bitcoin increases a lot, then the price of altcoins can also increase a lot, but as you said, everything will depend on whether the price can increase above $8000