Bitcoin price touched $65k to $56k in just two days. Bitcoin price is in full bearish current position, maybe we are going to reach bull run very soon. Do you think we are headed for a bitcoin bull market or a bear market?
Bitcoin market volatility is not well understood at the moment. We saw Bitcoin go from $65,000 to $56,000 a few days ago. Then we thought that Bitcoin might start dumping from here and can take a position up to $40,000, but after reaching $56,000, the market went up again without dumping. Currently the market is between 66 thousand to 67 thousand dollars. However, seeing the market condition, it is expected that the bull run will start in the Bitcoin market, but it will be very soon. Many people may still be ambivalent about the Bitcoin market because many think the market will go down. But for those who haven't invested and are waiting to buy from more dumping markets, you can invest and prepare for the next Bullran market. The Bitcoin market may not go down any further and even if it does, it may not be a huge dumping.