Is this the right momentum?

Seeing Bitcoin and most of the cryptos in green is like taking a deep breath of fresh air after two days spent inside. But will this refreshing breath have enough momentum in it to fill our lungs to new ATHs or is just a spike in a sideways trend to last for some more months?

I was reading in news today that this year's down trend that we have or bear market or whatever the professionals are calling it is 36 weeks old and I was thinking that it feels more like forever for me than just 36 months and it's definitely due to the fact that I have my money invested in this game and that I haven't took any revenue on it till date. Plus I also had a bad timing for entering the market and the wrong expectations to fuel my experience with it.

In terms of the vibes around the crypto markets there's almost only good news at every corner. We have Blackrock, the biggest ETF provider looking to enter the crypto wild west, there's CFA Institute adding blockchain and crypo subjects to its 2019 exams and there's FCoin investing $24 million of its own in blockchain projects so we can't say that there's any FUD around us and that we can also acknowledge from crypto price charts, which very often reflect accurate the news from the crypto world.

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But the million dollar question right now is: is this move that cryptos are having right now a true bull market towards new ATHs and the path towards Bitcoin's price prediction of famous financial professionals claiming it at $40,000-50,000 or just some dust in the wind? Many of the investors that hodled for these 36 months or more, that I mentioned about above, have their fingers crossed and it would be great for Bitcoin to have been bottomed at around $5900 in late June, but I believe nobody knows for sure whether that was the bottom and where exactly are we heading now.

I wish from the bottom of my heart, if I can express myself like that, to see some new ATHs this month or the next one, but my intuition tells me we're gonna have to wait a little longer. The hype around cryptos is not that strong anymore as it was in December or even last summer and the market still needs some more regulations for the big players to start pumping trillions into it, BUT for the moment we're good. We defended our positions strong and we can see that reflected in the crypto prices.

Whether we will have in the near future a good bull run to take some profits out of our investments it is really out of my knowledge and I guess that nobody knows for sure, but whenever that will happen I think it will be of greater proportions. That $20,000 mark Bitcoin settled last year will be blown off with ease and the ones having the patience and strength to hodl will be rewarded. I, for example, have the faith in new ATHs to take some profit from my investment sometimes in the "not that far future", have faith in Steem as a continuously growing in price and popularity crypto and of course in the platform and our always improving blogging experience around here. So, I'm still here and I plan on being part of "this world" for some good time.

What about you, how do you feel about Bitcoin's recent slight pump in price and how long do you think it will take until we brake the old ATHs?

Thanks for your attention,
Ace