Is the BTC bull market over? Polkadot ecological projects go rising in Apr?

[Raytheon]

Is the bull market over, but the Polkadot ecological project has been rising. The Polkadot-UZ project was launched on the ZB exchange yesterday, with an increase of 1400% after the launch, and the highest increase of 2500%. Why the market is like this??

Polkadot ecosystem has been well developed in March and April with a lot of successful projects launched on Polkastarter. The mechanism of 1400% or 2500% increase is very simple. The initial amount of IDO tokens is small, hence result in a small initial marketcap. Imagining a project with initial marketcap around USD 500k, increasing by 1400% then the marketcap peaks around USD 7 million. That's only a tiny number though.

Below image will show you that 1400% or 2500% is nothing strange in this market.

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[makishart]

I know very little about technical and fundamental analysis and it has always been interesting to me how people can predict the price using such tools. But these guys https://cryptogeek.info/en/blog/bitcoin-price-prediction accurately predicted the price of $ 57,000, I don't know how they do it, but now I will follow their daily predictions.

It may be their luck to get the accurate prediction for the price of bitcoin but bitcoin was going even deeper than it.
People can do technical analysis easily but the problem is FA gives more and more pressure to the market. That was making the prediction could be wrong.
At least 57k position became the true story. I will also watch another prediction from that guy as well.
That's pretty interesting to see that.

[Docbee]

I don't think this bull market is over, but it is another wake-up call.

Try to buy spot, do not add leverage, do not be greedy, see good close.

I was lucky enough to buy UZ at ZB.COM and make a 50% profit. I am still paying attention to this project. As long as the bull market is still in place, good projects with certain technical advantages or project innovation will have room for substantial growth.

[Dharmmie]

not yet, the altcoins haven’t risen sharply, the bull market will not end easily


BTW, thank you for your recommended UZ, I bought it at 10 QC, sold it at 33, then bought it back at 10,
I plan to sell it at 20

[Deewhy50]

Yesterday, BTC plummeted by 20%, falling below 60,000 or even 55,000 U.S. dollars. Is the bull market over, but the Polkadot ecological project has been rising. The Polkadot-UZ project was launched on the ZB exchange yesterday, with an increase of 1400% after the launch, and the highest increase of 2500%. Why the market is like this??

well, the recent drop of BTC price is actually a good thing. I think the price drop will prolong the bull market and it is expected that the altcoin will keep rising when BTC goes high again. I am buying the dip. I might buy UZ as well if it goes below $1.5.

[frank07a]

I know very little about technical and fundamental analysis and it has always been interesting to me how people can predict the price using such tools. But these guys https://cryptogeek.info/en/blog/bitcoin-price-prediction accurately predicted the price of $ 57,000, I don't know how they do it, but now I will follow their daily predictions.

It may be their luck to get the accurate prediction for the price of bitcoin but bitcoin was going even deeper than it.
People can do technical analysis easily but the problem is FA gives more and more pressure to the market. That was making the prediction could be wrong.
At least 57k position became the true story. I will also watch another prediction from that guy as well.
That's pretty interesting to see that.

 Look at their prediction, today they also guessed the price of bitcoin with an error of $ 200-300.

[Dharmmie]

I lost lots of money today.