I remember when I was in school we used to read a Expansion of thought which is, "Don't be afraid of the clouds, the sun smiles behind them". It is a sentence that can be called a motivational quote at every stage of life. Crypto market is no exception. That is exactly what is happening in the crypto market right now. As we went to the market two days ago, there was an apprehension or panic that was red with blood. There was a fear that Bitcoin could go lower to fill the CME gap and if Bitcoin had finished the daily candle below $80000 then it would have been much more likely to go lower.
[source](https://pixabay.com/photos/trading-analysis-forex-chart-643723/)
But dispelling that fear, Bitcoin is currently above $86k and is expected to be the next target at $9000. CME Gap A CME gap represents price divergence on the Bitcoin futures chart traded on the Chicago Mercantile Exchange. Open Bitcoin CME Gap Signals Further Bearishness. After what felt like an endless sea of red candles, we finally see some green shoots emerging. We are all watching the market closely, and although some coins are still struggling to return to their normal levels, there is definitely a change in mood. As currently the price of $steem has also sprouted from a red candle to a green candle. Hopefully we will see movement in a positive direction very soon.
But here's the thing that we think suddenly the price of Bitcoin will go up a lot. But the reality is that the price of any coin does not go up so much overnight it takes a consistent process or time. As Bitcoin is currently at a pace of its own, expect the price of Bitcoin to make a new all-time high soon. It's not like it's going to happen tomorrow. That might take a few days but that's for sure. Just talking about my own experience here - not even trying to give any kind of investment advice. The great thing about these market downtrends is that those who have been brave enough to buy during these downtrends can be in for a very pleasant surprise when the market turns green again. It's like finding your favorite item on sale, you just know it's going to feel great when the price goes up again.
Although the amount of investment we have in crypto is not filling our pockets lately. But one thing to remember is that it is not only your pocket that is empty but also the situation of the maximum investors here. As it is now a new month we can be optimistic this month and past times say so. When a new month begins, new hopes are born.
Hopefully this new month won't be as boring as last month and hopefully it will be March, when the green candle will return to the crypto market. There is no point in giving up hope yet. Crypto markets are a lot like life. Like life there are rollercoasters of highs and lows. But that is why it is best for us to be realistic and positive instead of being emotional. Sometimes you win, sometimes you learn, but you always move forward. Whether you are an experienced investor or a beginner, always remember that every market downturn will eventually end. So here's to staying positive, being wise in our ways and keeping a sharp eye out for those green candles.
