The Crypto Heatmap 🔥
Currently, the market situation is really not good because all the coins are available in red colour and if you look at the crypto heat map then you will be able to see how things are there in the market. Bitcoin and many other coins are available in red colour and the Bitcoin price is trading around 82k U S dollars. This is happening even when the US has given the go-ahead for Bitcoin strategic reserve and this tip is really big that people are even worried whether we are in a bear market or if it is going to take too long to be in a bullish market.
It is difficult to say something at this point because we don't know how things will be in the market and it is the same bitcoin which was available at 108K at some point in time but now it is pretty much close to 80,000 us dollars. There is uncertainty in the market which is not good and I believe this should not be improving in the scenario immediately and will be taking some time.
Being a long-term player in the market, I am still bullish and I am sure that Bitcoin is going to make it over 100K and surely it will make its all-time high also however that will need some time so we should have that much passion to hold and see how the market is doing. Ethanium is a popular and solid project in the market but it's still its price is 2000 U.S dollars as of now which is low where people are anticipating that this coin will touch 10,000 U.S dollars in this bullish market and demand but they do not know when is it going to start.
In a nutshell I can say that do not get carried away in this market situation and even don't worry that how things are doing in the market because if you are here for the long term such situations will also happening in future so there is nothing to worry about. You just need to hold and wait for the right opportunity when you'll make it up and surely it will help you get better profitability when the right time arrives.
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The Crypto Heatmap is a great article you Have shared.