A sudden boom! Where we are going?

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Green candlesticks make us happy. On the other hand, we know that a sudden boom will never last forever, not even a week. So the question is, where we are going? You may have already seen/read and research yourself about the market curves. So I'm not going to add more. Till now everything looks good. Major coins and tokens are showing positive shine.

Screenshot 20211109 192333.png
Screenshot from coinmarketcap

BTC is at an all-time high, many are just a few dollars away from crossing the record.

Maybe this is the time when we can say that we entered the era of crypto. I hope this will stay and we really can make the saying comes true.

Anyway, while analyzing the market for a while some coins and tokens really catches my eyes. Seems like they are emerging from nowhere. Though it seems manipulating, also it shows the sign of mass investment too.

Screenshot 20211109 192716.png
Screenshot from: tradingview.com

The curves are showing a hugely positive sign. It's steady although it happened in a shorter period of time. So we can hope to see the era of BTC for real.

Screenshot 20211109 192735.png
Screenshot from: tradingview.com

A few days ago, I have shared that I'm going to buy some more BTC. Some of my friends were calling that it's not a good sign coz it's not dipped. But now we can see that was a dip compared to this, right?

In conclusion, I must say crypto is at an all-time high. If even I predict the worst then this market will take time to go down. And I guess, the treaders and investors will not let that happen. This sudden boom is feeling like it will vanish as such. But the signs, trends don't say the same. So I'm hopeful and investing more.

Disclaimer: I'm not an investment advisor. Do invest in your own risk.

Thanks for reading my post.

iamjohn@iamjohn

A sudden boom! Where we are going? | Ecency