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RE: Bitcoin Testing The Bearish Trend Line Once Again. Steem Going Parabolic.
The main reason for this upswing is simple. The market is heavily oversold. Get those spacesuits and rockets ready. We are too far below the general trend-line, time to catch up.
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I think so. Takeoff was too rapid to be sustainable. I always prefer slow, steady growth to rapid growth spurts, it is far more stable.
I can't say for certain yet if this is just part of sideways movement, or if the bull market has begun. I am confident of this though: the bear market is over.