The market looks strong today, Bitcoin breaks out $21k and moving smoothly. Also, rest of the markets performs well, it's always great to watch green market. If anyone really thinks long term, hold is great. Purchasing when the market are transforming into green pretty insane, yet focus on something else for some time for making entry. Do your research so that you can still make money regardless of what direction the market heads. Bitcoin is the ruler, purchase if you can afford.
The market is getting a little green. Along with bitcoins, altcoins are also trying to rise. But the market is still in a bad position. It can go down again at any time. However, if you start going down this time, the price of Bitcoin will go below $ 15K. And if Bitcoin goes below $ 15K. So, the market is not likely to be good in the couple years
I think we've just made it through the liquidity crisis that Do Kwon set in motion. That's a huge step towards recovering to a healthy market. One still can't ignore coming challenges though. While we may not see further downside pressure from the events currently suppressing the market, there's still all the ETH2.0 coins to be unlocked and the mtgox coins waiting to hit the market. Once those two challenges are in the rearview, it'll be off to the races again. Those looking to catch the absolute bottom probably still have their opportunity ahead of them in the coming months.