It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
I think it's just a temporary pump, but the market is getting better than ever. the market is getting excited again, there's a lot to look forward to at the moment and coupled with the DeFi hype makes the market even more colorful.
If altcoins can survive this transition period, I believe the temporary pump will become a bull trend.
The market is getting better and Bitcoin is already forming another good barrier, if this will continue then
expect more actions that will take place.
In regards to Alt market, project DeFi really bringing the scene to a much comfortable position, many hypes
is ongoing and investors are really taking it.
With such trends, Alt will likely to find its way to much more stronger directions, we might see more good news
not just for new projects but also to old ones that still progressives.