I feel like it's just a bull trap. Let's see next week. Viewed from some charts that have not shown a strong bullish signal so there is a possibility that the price will still fall. But it looks like bullrun will also arrive this year. That's our hope.
Everyone's hope is for the next Bullish this year, but it will also not happen quickly because it always takes time slowly for each increase that will occur in all coins, so patience is needed in waiting while monitoring it as well.
We need to have more patience this year as the bull run will not come as easy as we think and maybe this situation will be like this for some time. But we can feel happy now as the price increases and goes back to $37k which means we are back to profit. This week gives a chance for bitcoin and altcoin to increase more after the correction a few days ago so we should have a hope that bitcoin and altcoin will rise at the right time.
Yes, a bounce to $38k is not that bad in the market, and hopefully this could be maintain at least at the end of the year so that we are green.
Anyhow, I still feel that we are in a bear market already, but with this kind of movement, we can make profits even at bear cycle. Just imagine buying at $33k and then selling at $38k, that's a profit already. But if you wanted to hold then nothing is wrong with that as well. But as I have said, for me this is a bear market and take every opportunity to make money.
I'm also happy to know Bitcoin has started to rise again, although only rising to $38k is a pretty good start. Because sometimes Bitcoin doesn't
go up drastically right away, so we really have to be more patient when investing in Bitcoin. Moreover, the increase in the price of Bitcoin does not
mean that Bitcoin has entered a bullish trend, because as long as the price of Bitcoin is still below the price of $50k, I think Bitcoin is still in a bearish
trend. It's true that people who bought Bitcoin for under $35k can now take profit. But if we buy Bitcoin in large quantities, if we only buy a little,
it's better to just hold the Bitcoin we have. Hopefully by the end of this month Bitcoin can return to the price of $ 40k, so it will make many
investors interested in buying Bitcoin again. If more and more people start buying Bitcoin again, then the Bitcoin price will continue to rise and finally
the long awaited bullish trend will come.