Is it already the end of Crypto Winter
We keep wondering about this every other day. Whenever the price of Bitcoin goes up, I start to feel that this should be the end of Crypto Winter. This is how it usually starts. I have seen a few bull runs in the last 6 years in Crypto. It was indeed a great experience to see multiple bull runs and bear markets and that's what has given me this anticipation. It usually happens very slowly and suddenly the coins start pumping.
Sometimes it also makes me feel that there is no big reason right now for the coins to pump. Usually, the pump happens when there is good news around cryptocurrencies or Bitcoin. There is no doubt that Bitcoin will not stop and will even reach an all-time high soon this year but the growth is happening very slowly. I was watching the price hit 25k USD and I should have invested back then. Today the price has reached 45k and is soon to be 50k or a new all-time high.
Many people have already started calling this the end of crypto winter. Some folks are saying that the price would start touching the moon only in 2025 which is expected to be the bull market year. I don't know what could be the reason for it but I agree with the fact that there is no big news right now to say that this is the right time for the market to pump. Usually, the market pump is followed by a bunch of news or a new trend evolving in the market. When NFTs used to be the trend the price of BTC had a nice pump when more investors wanted to try BTC. Not just BTC but other coins also had a very nice time.
These days when I wake up in the morning I'm very much tempted to check the price of Hive and other cryptocurrencies. Usually, my apps would give me a straightforward notification when BTC is pumping. Today when I woke up the price of BTC was over 45k. We will see great progress only if BTC crosses 50k USD and goes beyond that. I don't think it would take a long time for that to happen.
Crypto winter is usually the time when there will be no big news in the crypto world. There will usually be no big investors and the market will stay dull. The projects on various blockchains will also struggle without any great investments. Unless a project is very good and if it is not affected by the market conditions, it would bloom. Otherwise, it is all the same for most of the projects. For people building their business during the crypto winter, it is a good thing. Even though there won't be big revenue during this time, the coin will keep accumulating and when the good time starts the project will already have a lot of funds to book profits. So they say it is good to build the projects during a bear market.
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We are looking forward to the bull market. Positive news are already trickling in for crypto. Am expecting hive to do $15 or more in this year
Wow 15$ will give me enough funds to retire. 🙂
That is nice
The bear market is long over. The bull market is already ending :)
I hope you meant the bull market is starting.
So far, I don’t see anything positive in the stock markets and the cryptocurrency market. I think that this year there will be no strong market growth.
Price of coins generally has been stable I will say we have started to enter the bull run slowly but it will still takes few months before we enter fully.
I like the way it is growing now. There is no sudden pump in the market which is a good thing.
Thank you for sharing, I hope the end of crypto winter will help Hive bloom much. It is something I am looking forward to. I can't wait to see this SoFi system blossom.
We need more projects in the crypto world. At least for that we should see a pump.
I do hope more people embrace this disruptive technology and more attention and funding be focused to the crypto space.
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I believe if we can make it to something like 50k, then finally the bull run has kickstart fully
Yeah true. If it crosses 50k it is officially a start.
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We should always have dollars in this industry now the way we have seen that the market has seen us down a lot so it was a good time to put money in it and take profits after some time. And for how long have we been saying that these people will not approve ETFs so easily and this is exactly what has happened.
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