Today the market rises more than 6% and is likely to continue to rise because of positive news from many Twitter influencers, even according to the prediction of many experts that the price of November can touch $ 25k, of course this is a good start so that December can rise and reach at least $ 35 K.
but today? couple of days after your post? the market is down again not only by 6% but higher as it recorded to be double digits .
from 22k now we are sitting at 18k and still dropping so basically that pump isn't coming that soon for our expectations.
The crypto market has to overcome a lot of difficulties to improve and thrive in the future, unless we get widespread adoption of Bitcoin in the first place, we will continue to witness this bear market every few years, if global adoption occurs in the future and governments give in to the fait accompli and accept Bitcoin and cryptocurrencies surely then it will We are witnessing a relatively buoyant and stable crypto market, until then we will continue to watch the bear market constantly come back.
The change that can abolish, terminate or resist the bearish market is larger investors coming into cryptocurrency, even though give me legalize cryptocurrency across the nations and theirs no mega investors in the cryptocurrency industry, we shall continue to experience the bearish, so Bitcoin can be corrected or been reversed via the market structure through more investors.
there are many investors that only waiting for right timing , meaning they are observing and monitoring the market flow if it is the time to enter or not.