🐳 In just the past week, BTC has had a strong price fluctuation from $58,946 to $68,424 (an increase of nearly $10k), making the entire Crypto market vibrant again. Although this price increase has not been able to break BTC's ATH (73,777$) like the price increase in March 2024, it seems to be received more positively. It brings a spark to the approaching Bullrun season. Investors after a long time of "hibernation" with the market have gradually become active again recently.
However, whether the market will actually experience a Bull Market season is still a difficult mystery to answer when the DOM BTC.D index still increases with the increase in BTC price, it shows that only Bitcoin is noticed and the rest of the market is not 👀
In fact, before any Bullrun season, there is always a price fluctuation of BTC because Bitcoin is considered a representative of the Crypto world. The recent bullish signal of BTC, although not having much impact on the price increase of the remaining Altcoins at the present time, has helped market analysts have a more positive view of the market. Related positive signals are also clearly shown when a series of Meme projects such as Neiro, Cati, Dogs, HamSter Kombat, ... have had outstanding price increases. In addition, the news that presidential candidate Donal Trump will do a crypto project on Scroll has also brought a wave of lively debate for the future of the crypto market.
Is this BTC price increase just a test or is it a signal that a real bull run season is approaching, also waiting for the next developments of the market... 🚀🚀🚀
These are personal opinions, they may be wrong or right, let's discuss them in the comments below 👇
