After the bear market in the 2018-2019, the bitcoin price has returned to around US$10,000. As this transaction volume continues to increase, the bear market cycle of bitcoin has been completely reversed. At the same time, with the impacts of bitcoin halving, access of mainstream institutions and the application of blockchain development, the entire cryptocurrency market tends to be optimistic and more industry-related benefits are being brewed.
Although it’s hard to predict when the super bull market will come in which the price will increase several times within a year, the reversal of trend has provided a very positive signal for our long-term investors: it’s time to get rid of the bear market thinking and be bolder to purchase and store coins.