Has the crypto market accumulated enough to recover?

[MrSpasybo 1049]

The Bitcoin price surge in the last 4 days from $30K to $36K has given the whole market more energy, we see altcoins rally quite strongly during the week, between 20-40%. The number of crypto withdrawals from exchange increased and we have no more notable FUD. I have the feeling that investors have forgotten obsession of the past 6 weeks, they are ready to get back into market and spend more money into crypto.

 

Have whales gathered enough Bitcoin & Altcoins to start a new FOMO phase to attract new money, to push the total capitalization from $1.5T to $6T? Or will we have to face another very strong whale dump before we can see the strongest growth in this bullrun?

[Anshamaraam 327]

I think this is not over yet , it is stable for few days but there may be  some more dumps in the upcoming two weeks, so it is difficult to enter market for along term , you should think of daily trading or hourly basis trading , Thanks

[Mella 3680]

I do no want to be very bullish, but I will tell this, I am one year in the market and this is accumulation now.

A new wave is approaching that will be the last but also the most profiting one we have seen. But I am advice not to only invest in BTC, this will be profitable also and maybe 3-4 times higher but this is time to risk in low altcoins that did not grow all this time to very high prices.

[Brushless4500KV 4214]

Surging from $30K to $36K is not what I would call accumulation for recovery because the market has already experienced values even higher than that (about $37.300). To return to its previous position, the market needs more capitalization and buyers need more encouragement. There is still a long way towards reaching $65K or higher. If you are looking for some profit in the current market situation, you had better think about other methods of earning like day trading or short term trading. Based on what I see now, ETH is not bad for this purpose.

[Whited35 15285]

On 7/1/2021 at 4:47 AM, MrSpasybo said:

Have whales gathered enough Bitcoin & Altcoins to start a new FOMO phase to attract new money, to push the total capitalization from $1.5T to $6T? Or will we have to face another very strong whale dump before we can see the strongest growth in this bullrun?

Bigger institutions wehich have purchased a huge amounts of BTC are also affected due to the recent crackdown from the China that is supposed to be the epicenter of the cryptocurrency market and the Bitcoin hashrate. Anything can be possible in the coming days but we really need some positive news to create the bullish sentiments in the  market.

[Sandra k 6]

On 7/1/2021 at 4:32 AM, MrSpasybo said:

The Bitcoin price surge in the last 4 days from $30K to $36K has given the whole market more energy, we see altcoins rally quite strongly during the week, between 20-40%. The number of crypto withdrawals from exchange increased and we have no more notable FUD. I have the feeling that investors have forgotten obsession of the past 6 weeks, they are ready to get back into market and spend more money into crypto.

 

Have whales gathered enough Bitcoin & Altcoins to start a new FOMO phase to attract new money, to push the total capitalization from $1.5T to $6T? Or will we have to face another very strong whale dump before we can see the strongest growth in this bullrun?

I am completely agree with what @mrspasbo is implying about the percentage increase in crypto and Bitcoin rates. The investors have to keep in mind that Bitcoin is a crypto currency we must HODL.

[khan22 3478]

Crypto market will soon to recover itself and that time it touches the sky becasue soon the crypto market go high so much and the market will give us a huge profit in the market at that time becasue soon the big bull is start.