So we can see some pattern here, and for obvious reasons, it doesn't look like that we are in a bull run yet. We are so far from that, imho
That's not the only pattern
Another pattern which is worth mentioning here is the slow rise. And it is not so much the rise of the price itself (I refer to local highs here) as the uplift of the whole trading range. In other words, we may not be making new highs (for example, in early January we surged to almost 4400), but we are nevertheless still making higher lows. If anything, this is definitely a good sign since the recovery is well underway
Exactly, it's going to be a slow grind, as other have said. Not a bull run, but yes a good indication that recovery is underway, it might takes months of a slow but ascending pattern, so we can take that.
This past week was pretty cool to watch the market cap go from 133b - over 140b today. Alt coins are starting to move again. If someone had to start trading to build up their nest egg and had $30 to throw into the mix where would you put the money?
My pics:
ADA
FTC
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I would not pay attention to this data, they specifically do not give anything. She grew so fast and can fall.
You mean, pump-and-dump, what do you expect from a altcoin? Remain stable, most of them have no actual use case, so yes, they will be used by speculators for their short day trading by hyping it and then the massive sell offs.