Bitcoin Standing Strong Above $28,000 Despite the Bearish Pressure-Is a Bull Mar

[Coinpedia Fintech News]

Its Bearish pressure going on right now that has been weighing down pricesBut don't lose hope just yet – the bulls are still holding strong. Despite the fact that prices have only seen a 70% increase since the start of 2023, there's reason to believe that a massive upswing is on the horizon.

While the current market sentiment may not be overwhelmingly positive, it's still holding up moderately well, especially considering that prices are sitting at annual highs. This is similar to what happened when Bitcoin was struggling to push past the $20,000 resistance level. Since then, the euphoric sentiment has been on a downward trend, which could explain why Bitcoin whales have started accumulating again.

So if you're feeling the weight of the bearish market, just remember that there's always potential for an upswing. The crypto market is full of surprises, and you never know what the next day could bring.