The market situation is not the best and no one knows what to expect, there is a fear of investors in the market. Since the recent drop, bitcoin has lost 40% of its ATH, the fear index has reached 10, and even the altcoins that performed better in the correction, such as NEAR, ATOM, have also lost a little in value. We hit the baseline BTC support of $ 40,000,
Bitcoin is doing break out right now and that's why people are feeling positve about the next wave that will come to the bitcoin very soon. I have made very good profit only caused by a small jump that happened in bitcoin. NEAR, ATOM and fantom look so strong at this moment. I will believe if bitcoin can break 46k again and that will be a very big thing for altcoins.
Some altcoins may do massive recover again.
which we got off to a good start last time, and went to the new ATH. Bitcoin dominance at the bottom. And today we saw a rebound and a small rise in BTC and the market as a whole. Perhaps this is the beginning of a new rally? Is it time to enter the market? I think yes, since we are not that far from a possible second bottom, and even if the lease continues, in any case, we need an upward correction.
Yes this is the beginning of the new rally and the bearish trend happened since last year and this is the time for bitcoin to jump again. There will be the last jump on bitcoin and as you can see that the third waves when you're taking the all time chart of bitcoin. Bitcoin is in preparation to go to the moon again. The best time to enter in the market already passed and this is the time to make some profit from bullish market as some coins are doing big rebound