It's nice to see some red on BTC!

The recent market conditions made me smile as I watched my gains grow. The market has been soaring at quite a steady pace lately.

Look at the top 100 coins, and you will see that most, if not all, had solid gains in the last ten days or so. With green candles all around, the bulls quickly absorbed any signs of bearishness, making the market push higher. Simply put, an incredible turnaround for crypto this week!

Now, we are in a bit of a corrective phase. Honestly, all it shows is that the market is healthy. Traders take profits and investors get a chance to enter the market. Too much green only makes the bears hungry. To me, the market looks more suspicious when a chart does not show red. Thankfully, that's not the case right now.

I'm really bullish at the moment, and I think Q2 will send crypto even higher. Projects like Plastiks, Axie Infinity, Tezos, and others associated with the NFT space are likely to do well. They all have good use cases: Platiks uses a smart contract approach to close the loop between plastic production and recovery, Axie Infinity pays you to play, and Tezos powers a distributed, peer-to-peer, permissionless network.

Adaptation is underway, and many of us have seen it in our day-to-day lives. More businesses are accepting BTC as a form of payment, and many administrative bodies are talking about making BTC legal tender.

If it's a red day, you buy; if it's a green day, you hold until you reach your goal.

Good luck to all and happy trading.

I see this as an excellent time to be in crypto.

submitted by /u/Jicama-Brief to r/btc
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Quelle: bitcoin-en