Yearly we experience bull runs and bearish market. It's a normal thing in crypto space but this year, what's your idea on how long can the market recover? Especially bitcoin price drops so much since its bullish run late last year.
For me it will take quite awhile. What's your thoughts?
For it will not take quite awhile time because the march ending is what caused so much bearish trend. The bulls will up from the next month or so. Might take May month but this trend is going to over soon. We will have the uptrend coming with some ups and down obviously but that will surely indicate us that this is over and we have to worry about nothing at all. Also last year this was the only period when bitcoin broken all its bars of low value and started moving upwards. It reached its first ATH in the month of April and then again descended down and then again went ATH! Same trend to follow soon and this is sure because I believe most of the whales might have already bought most of the investment and thus it will slowly push the market further.