Critical time in the Cryptocurrency market!
With the huge recent correction in the market recently, this is now a very crucial time. Once the market reaches near the all time highs again, we have to wait and watch how it reacts. By market, I obviously mean Bitcoin market because that is the bellwether.
If the market crosses the recent all time highs, we are in for an extended bull rally. However, if it fails to cross , then one of two things are possible. One is that we can see consolidation and range movement for some time or in the second case, we breakdown and see a deeper correction than the one we saw recently.
Having said that, we as a crypto community are in this for the long run... We are hodlers...so these small moves or corrections should not matter.