Hello Guys,
Finally there is a little bounce on the crypto market pricing. We are taking Bitcoin as our leader here because it is a great reference for the whole market and also because currently it is dominating by 39% (Coinmarketcap).
There is a coincidence between the current market Bitcoin domination and the last year.
This is right before a increasing tendence which also was followed by an unbelievable bull market which ended in december. Obviously this is not an accurate indicator that shows what is coming, just a personal observation. Please always be aware of this weird crypto market.
Bitcoin just bounced off the trendline to the tick! but I think tha tis all it is going to be...
https://steemit.com/crypto/@heyimsnuffles/snuffles-called-for-bitcoin-lower-against-the-trending-bulls-now-what-20180529t012019434z-post
At this moment we all are happy when some of the situation of last year are repeated.
But the market is still by sentiments and some pattern from the last years seems to be broken. But I do hope that you are correct, but according to me there won't be a bull run anymore like we had in the past years.
It would be more luckily to be go steadily upwards and then pulled back again and so on.
But, o man, I hope that I am wrong!