Have Bulls Really Returned to the Crypto Market?
In Feb 2018 I published an article : What is happening in the Crypto Market? Is it all over?
Here is the article if you are interested to read. It was read over 2500 times.
I then predicted the market to take a bigger dip and my predictions turned out right.
Today, I am here again briefly reassessing the market condition.
Lets go back to the Wall Street Cheat Sheet I then published.
Where exactly are we in this cycle?
I am not an expert in technical analysis but this is what I think.
I sense a strong sense of recovery as BTC is firmly holding above $9K for over a week.
I think market will now see a progressive up-trend. However, there will be many corrections on the way up but it is unlikely that we will see $6K BTC anytime soon again.
Disclaimer: None of this is a financial advice, investing in crypto comes with lots of risks; hence, always do your research before putting in your hard earned money.
ABOUT ME:
I am a PhD researcher as well as a crypto enthusiast. I manage a Facebook group – ‘Crypto Traders’. Let’s get engaged:
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