It's too soon to say, but the coming days/weeks will be important, because it might very well be that we just settled another bottom on top of the previous bottom. If that is the case, then that's a great thing and a bullish indicator. If not, the upward movement we have seen yesterday and today is artificial and just meant to unload more coins at higher levels before tanking the market down below the $7000 level.
Another important factor is that we have been going through months of decline, which is something that won't be going on for ever, just like bull runs won't be going on for ever. We have been in a reverse bull run as I like to name it, and that might have come to an end now. I don't believe in China, SEC, Facebook, Google, G20, etc, fud. It's nothing more than a game being played by higher hand, and people here just fall for it each and every time. It has been like that years ago, and it's still the case today, which means that in this aspect, the market hasn't matured at all. It's just pathetic. Positive speculation drives its price up almost 2000% within a year, and fear pushes it back down again, what a contrast.
