Hello friends,I would like to discuss about the market updates. we can see that the crypto market is green after the big dump .
Almost every altcoin and bitcoin is almost increased in 2 digit,even some altcoins are more than 50% up after the downfall.
Is this again bulltrap or we can see the real bullish behaviour coming.
Well according to me "Bitcoin Future Contract" by CME and CBOF group is stopping bitcoin and crypto market to be in bullish mode.
Since CME Future contract expired on 29 June 2018,so till that day bitcoin price went from $6700 to $5800 on 29 june.And after that,now we see sudden pump as of now bitcoin trends at $6400 the very next day.
When bull run will start ,no one knows but for sure we will see it in coming weeks or may be after months or later.
Well bitcoin will not reach $20000 all of a sudden, but for sure it will pump slowly in long run.
So I request my friends those who have invested in cryptocurrency , not to be panic and sell off their coins. But instead,show some more patience so that you do not miss the big profit coming in near future.
What's your opinion about it,let me know by commenting below.
Thanks
Rohit Topno
@rohitfrederick