Just like what happened to Lazarus when he died and then he was resurrected late on, happened in the cryptocurrency market. After 7 days of bleeding the market is now breathing the breath of life as most of the assets turned green. A lot of investors might have panicked when bitcoin feel from $64,863.10 to below $50,000 but as for those who know the concept of trading and how the market moves they just knew what was really happening and correction was taking place.

The Bulls taking Over

From the above screenshot you can clearly see that the top 10 has recovered more than 90% in 24hours which is a good recovery. On the weekly recovery rate Uni-swap is topping the charts with  +15.27% and being followed by Ethereum with +13.68% and Binance Coin is the 3rd with +5.50% which is a good percentage.

Some might have recovered in 24hours but on the weekly they are still down with Doge coin leading with -37.21% and being followed by XRP which has -10.77% then Litecoin is following with -8.36%. Bitcoin is still due to recover well on the weekly basis as it is now about to get in the green zone, it is currently down with -5.03% which is not that bad.