The great bear of 60k possibly will back to the market above 50k. There are some reasons for that.
Psychologically there is still panic at 50-60k area and too many people will erase their loss above 50k.
there is possibly a complete 5-wave impulse behind the market, so there is no room for new ATH.
and how about there are waves of regulation on exchanges and crypto, and we are still below the ATH hash-rate.
Psychologically there is still panic at 50-60k area and too many people will erase their loss above 50k.
there is possibly a complete 5-wave impulse behind the market, so there is no room for new ATH.
and how about there are waves of regulation on exchanges and crypto, and we are still below the ATH hash-rate.
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