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
I think it is too early to conclude that bear market for Bitcoin is over and it has entered in Bullish trend. The interest rate increase of only 25 basis points was a good stimulant for the market but it failed to push the price above 25K,although it briefly pushed the price above 24K but quickly retreated. It is stable above 23K which is a good sign.Technically , although it is trading above DMA20 but it should break 25k and show sustained growth on weekly chart, to confirm bullish trend.