THE BULLISH MARKET IS STILL ON
But a few days ago, there has been some pullback of the price in the bearish direction.
These price behavior are the regular price movements of the bullish market. The price forms series of higher highs and higher lows. When there’s a bullish market, the price is not expected to move in one direction till the trend ends.
BTC is currently retesting a key level which signals a bullish trend reversal. However, the price is expected to move to the next support level before another bullish rally begins. Hence, It would be advisable if we allow the market to it things until all confluences are aligned before we buy the BTC.
Steem is also not playing out well. Since we are in the bullish season, we expect the steem and other altcoins to shoot regardless of BTC price movements. However, steem has even dropped about 20% from the previous price.
We hoping for the best in terms of market recovery, the bullish market would certainly do a lot of good for the steem ecosystem
Yeah certainly. I hope the most market last longer as well