You know earlier this year there are many traders and investors on the crypto market that were optimistic and had a great faith that this year will be a year for another bull run on the crypto market most especially after the crypto market have experienced the bear season for a long time.
So many people predicted that alot of cryptos will reach a new ATH most especially the bitcoin , many bitcoin traders or investors actually believe that bitcoin will reach a new ATH while some are predicting that bitcoin will reach $100,000 this year.
The bitcoin price on the crypto market is currently at $60,500 and it looks like the bulls are finding it difficult to break the $70,000 price zone and stay on top of it for a long time , this new week we are about to enter into will make so much statement concerning the bitcoin market , this week we might be able to get a clear view of whether the bitcoin bull run is still on course or we are back to the bear market.
Honestly I am beginning to get confused about the market direction and I do not even know whether I should keep buying the dip or maybe I should wait for a while to see what the market direction will be in the coming months so for now I think that sitting on the fence will help me to be able to relax and have the right mindset to be able to overcome the present confusion I am experiencing towards the crypto market.
What about you , are you presently getting confused about the market direction of the crypto market??
Posted Using InLeo Alpha
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