By tobetada on Skatehive
Too Soon To Say ...But it certainly is looking quite interesting. If 3.3 really was the turning point for the crypto market as past blood moons have indicated, we could be in for almost 3 years of a bullish market phase. Not that it will always be rosy, but the constant bleeding, especially for Alts, should stop. We can only definitively be confident in such a market turn around in the months to come, but since 3.3 BTC and the ALT market has made a very compelling come back. This comes amidst extreme global uncertainty due to the Iran war and I honestly would have never thought that crypto would rally in times like these. Some months ago I anticipated a drop of around 55% for this bear market. The drop we saw came much faster than expected and very close to that number. Again, while it is too soon, to call this the bottom of the bear, it is clear that we are at the very least a relief rally that could take price back to the top of the channel at around 80k. The last time BTC bottomed,