Introduction
Everything has its end, nothing lasts forever, I started this post paraphrasing South American singers Héctor Lavoe and Willie Colón, as I feel that their musical composition is living lyrics for the world of cryptocurrencies, this if we consider the current spike in price action that the crypto market is experiencing..
The current rally in price action that the crypto market is experiencing is led by Bitcoin, which according to technical indicators BTC is starting to show signs of bullish reversal, a highly positive action for retail investors who were always betting on keeping the price above $45,000.
I am happy to see this rebound to the upside above $50,000, it was really something I wished would happen before the close of the year, as I am one of those who think the crypto market will close stable this year, and will start a bullish recovery in the first months of 2022.
E alalelelelelele todo tiene su final (Everything has its end) si no me quieres dímelo ahora (Everything has its end), the above is another excerpt from the Héctor Lavoe and Willie Colón song, and if we extrapolate it to the Bitcoin price action every trend has its end point, therefore, we must prepare ourselves in every cycle to be able to make the best and most accurate investment decisions.
For now, let's enjoy this price rally as from my perspective this slight upward bounce will reinforce the conviction among investors to continue to hold the price of BTC over and look for new targets next year 2022, let's enjoy this Christmas gift prior to celebrating the birth of Jesus of Nazareth.
OBSERVATION:
The cover image was designed by the author: @lupafilotaxia, incorporating image background: Source: Cointelegraph
