Greetings to all the readers of this great platform, especially to those who make life within the great community of #ProjectHOPE, in the present opportunity I want to talk about the great moment of the Bitcoin within the crypto market, which is having a pretty good week and which is confirming that it is already at its beginning to continue its upward path, when taking into consideration what it has done so far this year.
 Screenshot taken at: Binance |
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When taking into consideration the crypto market in general, we must always keep in mind that we are facing the moment where the bull market is made possible for the market in general, mainly because of the fulfillment of the crypto market shekels, with which comes the time to increase and secondly taking into consideration the Bitcoin Halving, which is set for this calendar year, with which are 2 great reasons for a big rise.
A few weeks ago, we talked a bit about the crypto market and that it had lost a promising area having reached the 48k and then losing once again the 45 even falling to the bottom of the sideways channel at its 40k support, with which it was in clear evidence that there was still lack of investment in the market to be able to make a new run to have a great projection towards a new step of its price.
Since this weekend the Bitcoin once again took a big leap and continues to ratify that at the present time has sufficient investment, trying to raise its price as much as possible, where is the greatest market resistance in the current place, in addition to this will seek to consolidate this new area, a situation that is already beginning to be seen as a very possible scenario for the present time, so we will be facing a good time in the market.
Personally this may be the great start that was expected from the market, so from here onwards can come only good times for the crypto market, we must take into consideration the situations that may arise in the future but so far everything points in the right direction and still does not reach the Halving, so the momentum will be completed, to be attentive to the market situation and what may come in the near future.
