Post
Topic
Board Speculation
Re: Bitcoin on a recovery mode
by
Vaculin
on 12/10/2021, 23:29:51 UTC

bitcoin is no longer in recovery mode but has entered support mode, because bitcoin has penetrated the previous price of $ 52k and now bitcoin's movement is very sharp, almost breaking the highest level that ever happened last april, which was $ 62k. so for that we can no longer say that bitcoin is in recovery mode.
First of all, Bitcoin does not recover its bullish momentum because of the positive news on some media outlets and social media but Bitcoin making the last Bullish of the year just like we have seen in the previous Bitcoin halving market. However, the best thing everyone should do now is to make good use of this moment cause good doesn't always last long.

Besides, we don't turn to bearish yet, and so there is no such thing as recovery. It is a sort of price fluctuation, the market moves in sideways and we often see this from time to time. Those who never understand the market will likely think negatively as we observe but those who have trust, still remain optimistic and hold.

That for sure this won't stay long and have this opportunity not to miss again and regrets later. if we wanted to buy more or to sell some, better to do it now before the prices changed.