Post
Topic
Board Speculation (Altcoins)
Re: Are the bulls back?
by
Pamadar
on 29/08/2021, 14:12:12 UTC
What the heck is happening  Shocked? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what?

green candles can't say if the market will have a bull run, because that's normal when a big correction occurs, but if the market continues to slowly increase and without any correction (at least in a week), then of course it could be a sign that the market is going to bull run and I think maybe for the near future, the bull run will not happen yet, because in 2021 the market has increased very high.

Green candles also sometimes influenced by the whales, artificial movement that creates interest inside the market.

But yes if the market continue to slowly moving strongly, this bull momentum might bring more players and it will generates good
market. Supply and demand always rely with investors and traders, the more interested they are the more money that will flow.
Bull will run strongly when there are many buyers and holders to support.