Hello,
My View about bitcoin was on january 1st that this is not bottom and bitcoin with fall further ,
but watching this rally today and yesterday i think bottom is gone , the marketcap of crypto is up by 150billion,
850 bilion to 1 trillion
and daily chart is looking bullish according to technicals with high volume
https://ibb.co/HhJdtvJtell me if i am wrong or right experts
The crypto market is currently in a bull market, and of course the bear market will stop for a while. And popular altcoins are also experiencing price increases. We hope this will continue. Even the price of Bitcoin has reached $ 24k, maybe in this week it can reach $ 25k. Usually this kind of improvement will last two to three months.
Even if bitcoin hits $25k and can hit $30k, it still can't say we're in bull season, bear season isn't over yet. What is happening is just a short term bull run, don't let the market fool you, as there is a good chance that after the bitcoin bull run, there will be a correction afterward. I predict after this rally bitcoin will correct below $20k again but there will be no new bottom.