{"id":376855,"date":"2019-04-02T15:19:07","date_gmt":"2019-04-02T15:19:07","guid":{"rendered":"https:\/\/wncen.com\/?p=376855"},"modified":"2019-04-02T15:19:07","modified_gmt":"2019-04-02T15:19:07","slug":"why-todays-bitcoin-rally-does-not-mean-the-end-of-the-bear-market","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/why-todays-bitcoin-rally-does-not-mean-the-end-of-the-bear-market\/","title":{"rendered":"Why Today’s Bitcoin Rally Does Not Mean The End of The Bear Market"},"content":{"rendered":"
Following over a year of falling prices and market cap, Bitcoin has finally broken resistance to lead a crypto rally. All but four coins in the top 100 are in the green, with many gaining double-digits. So far, Coinbases’s BTC\/USD 1 hour chart shows a sustained upward trend, but given the unpredictability of crypto markets, investors would be prudent to think the bear market is still here.<\/p>\n
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To say the last 460 odd days have been grueling would be an understatement. But Bitcoin’s demolition of the $4,200 resistance level sent waves of optimism across the entire crypto industry. Many are calling this the end of the bear market, and a return to the good times.<\/p>\n
\nBITCOIN IS BACK, BABY \ud83d\udd25\ud83d\udcc8<\/p>\n
— Pomp \ud83c\udf2a (@APompliano) April 2, 2019<\/a><\/p><\/blockquote>\n