Many people want us to say that we are in the bullrun or bullish because they are confused of bitcoin being in a bullrun or bearish, so bitcoin is having positive and that positive bitcoin is having in the market I will say that we are in the bullrun because the price of bitcoin now and like a month ago is not the same, so theirs increased in the price and secondly the price continues to accelerate from one level to another level, so therefore I believe that bitcoin right is at the increase state and its in bullrun in other way of understanding.
We consider that the market reality is having a positive impact on increasing to the next level, the increase reached more than 10% on the same day, so we think the market is bull run or bullish but not assuming that the market is rising is just a temptation. Another supporting aspect is that some positive news will come soon ahead of the halving period which will trigger market acceleration to reach high prices in a few months. I think we must immediately correct thoughts that are not correct in assessing the market, it is just a temptation, they will always fail in investing because they are hesitant and they will regret not having assets when the Bitcoin price has reached $50k.
Since the time the market cross thirty thousand its when it show a sign of positivity in the market, if we are contradictory bullrun and bullish in this increase, I will tell you that we have to understand that bitcoin have totally increased to extent that we don't need to microscope the bullrun any long, right now bitcoin is in the state and stage of a bullrun because of its price right now, their is something I wanted us to understand and what I needed us to know about bitcoin price, so whosoever that wants to invest should invest and whosoever that believe that bitcoin price is not in bullrun should also believe so because their is every tendency that market of bitcoin can change to positive or negative.
But we are hovering on 34k+ price on which we cant even tell if it would be able to break that 35k or we would really be that staying for long within these levels and everything would really be that depending
on how this market moves and the demand of course. The thing i do have in mind is on when that huge correction would happen before halving event. Usually this do really happen and that would really be
indicating on whats the possible bottom price of this current cycle. If it would really be just that having only that $15k or would really be much lower. Temptation or bull trap?
This isnt something new and if you are that someone whose really that been new into this market then you would really be normally having that kind of reaction
but if you've been here for a while then you are already get used to it.
