Are you seeing the news recently since 4 days or a week ago or even more. It has been very positive. Some analysts are saying bear market is over for now, some said that bitcoin can increase to $80000. I am reading more of the news recently.
Today I read another one where someone said the bear sentiment has significantly reduced as more people are expecting bull run instead. People are also expecting a breakout time. Very possible the price will increase or this they are just news with positive sentiment for bitcoin price?
The primary rule here on Bitcoin or crypto space is that you should expect the unexpected. No one really knows on what would be the things that could happen ahead. Everyone or anyone could share up their own
views/insights/opinions/speculations about the current market condition but it doesn't mean that this is something on where you could rely upon in terms of making trading positions neither entry or exits.
The key on here is that you shouldnt really be that get easily be attached or believing on whatever sentiments that you would be reading up around. It could neither be a bear trap or bull trap on which
if you wont really be that careful on taking up some actions then most likely you would really be able to make out some bad positioning on which this one could really affect out overall profitability.
Expect the unexpected as always and this is where you should really be trusting up your own instincts and of course into the knowledge and skills you do have. Dont get easily hooked on whatever
information that you would be able to read up around. If you do find it to be seems plausible then its your choice whether you do follow or not. Just make yourself that sticking into your own
plans and never divert out into other things because it will really be just that disrupting you into the things that you would be doing.