The last few days we have been participants of a drop of more than 20% in the main cryptocurrencies in the market, which is normal, since price pullbacks are good for the market. However, everything seems to indicate that the pullback is coming to an end, so we may see a bull market on Friday and Saturday.
Recall that Bitcoin reached a price of $58000 on February 20, then the pullback began and the lowest price was $45000 on February 22, a big correction. But it already has two days up, and at the time of making this post the price is at 51000 dollars.
Other currencies like BCH, BNB or ETH are following this trend, so possibly this weekend will be a weekend with prices in green.
It is important to note that during the last weekends the price of cryptocurrencies was bearish, so if we have a weekend with bullish prices we would be breaking this trend of bearish weekends. Be that as it may, I advise you to be prudent with your investments, use a Stop-Limit and invest in coins with good projects, such as NPXS.
Best regards!
