Yes. It appears Bitcoin is pumping, and bucking a bear market. The price of Bitcoin has now reached $ 17k, but the chart conditions are unstable. Maybe this is a good start for crypto growth. We just need to be careful, because problems with crypto keep happening, so we don't cause bigger losses. I think short term trading is better to anticipate bear market.
it becomes a crucial choice for the current market moment. short term is something that is very difficult to predict when market conditions are sideways. I prefer to play spot than futures in current market conditions even though futures has a fast profit ratio but also has a negative impact if we are still beginners in futures trading. in the past two days btc was trading at $17k and there is a possibility to increase in the middle of this month. I saw a chart that was shared on Twitter media, it looks like we will face a beautiful leap this month. therefore I think we have a chance to do a better entry later this year and hold until the middle of next year if we don't have a soul in the long term.
At the end of this year, there were a lot of negative news that hit crypto so that some of them caused big chaos, such as the bankruptcy of Ftx and the collapse of Terra Luna. hence this had a strong downside effect on the btc price in the last month but this month I hope the market impact will be strong again.