I think everyone will be enthusiastic and very happy with the recovery of the crypto market, because everyone wants to make a profit from the investments they make, especially now that the market has been in a bearish condition for a very long time, of course all crypto users will be happy to face this situation.
This is indeed a very attractive bonus at the end of the year. Since this year the market was in an unstable state, and indeed at the end of the year there were forecasts for recovery, which is what happened. Of course, I would like more, but this result will satisfy many at the expected stage.
Fairly, I wasn't even expecting this much recovery this year and was thinking that the price would probably stay within $35k until the end of the year and the recovery would start after the new year starts, but we are almost around $40k right now, and there is still a lot of time left for the year to end, more than 25 days, and we might see more of it in these coming weeks if the market doesn't take a U-turn back towards the $35k-33k range as there can be a correction before it rallies towards $50k.
So, the recovery we've seen so far this year surely looks like a bonus as we should be expecting some recovery before the halving and the rest after it, and the halving event is to occur in April next year. That being said, it'll be interesting to see how the market reacts in the first three months of the new year, before the halving.
Yes, all of us didnt really expect this kind of movement specially into this month of December on which most of people here on this market is really just that expecting that we might be seeing around 37-39k
in the end of the year but just like on what we do know that Bitcoin does really move on unpredictable way and somewhat it doesnt really fail on surprising us and with the current movement of the market
as of this moment then it wont really be that too far if we might be ending up on having 50k in the end of the year. Well, it might really be that too optimistic but with the current movement and
positivity towards the market then it might really be that possible.
For those who had risks out on buying up into their positions then pretty sure that they are really making some quick profits now and its up to them whether they would be securing
those profits or would really be that basically be trying out to take those profits for short term or neither they would really be holding instead.