How Soon Will The Crypto Bull Return?

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Hello dear readers, over the last few months many have suffered some serious losses in the cryptocurrency market, but our suffering may soon be at an end. There is a shift in the wind, smart money and savvy traders can smell it. You may have noticed a jump in your crypto portfolio over the last few days. That probably felt pretty good and there is a good chance this is just the beginning of a new bull run in the crypto market and it might be even bigger than the last one.

Why A Bull Run May Be Just Around The Corner? 

The total crypto market cap is beginning to show signs of growth once again, seemingly bottoming out at $250 billion USD and climbing back to $300 billion USD. There has been a marked uptick in trading volume as well. Two weeks ago the 24-hour trading volume was at 10,000,000,000 USD. It floated around that area for a bit but made a huge jump over the last few days, more than doubling, to 23,000,000,000 USD. Not only that but a shift in market capital share from the most famous crypto Bitcoin (BTC) to altcoins has also occurred. Historically this has been a precursor to large gains in the overall market, with the increase in volume and market cap it begins to look more like a definite.

Sentiment has also shifted, message board tags moving from a deep red to a bright cheerful green as positive news begins to trickle in after months of constant  FUD and tulip comparisons. Now that news has leaked that larger hedge funds are beginning to trade crypto smaller investors are beginning to gain confidence again. Some were bearish simply because it was the first quarter and typically all markets are down at that time.

Now that we are nearing the end of Q1 and tax season in the US those investors are cautiously buying. Furthermore, news of adoption and government attitudes are changing, and while not all countries are open to the idea of the blockchain economy, more are exploring the idea than ever before. With that, some of the fearful speculation surrounding regulation has died down and subsequently slowed sell-offs.

It will take a while for optimism to return and there will likely be some pullbacks on the way up. In this writers opinion something big is coming, and by this time next year, the recent "crash" in crypto may seem like a distant memory. Zooming out, and looking at a long time period, Bitcoin (BTC) has been on a 9-year bull run increasing exponentially as time goes on... Let's make it a decade.

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I have received no additional compensation other than the Ethereum that Hade Technologies pays to produce Exclusive Content

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